Schwab Declares Preferred Stock Dividend

  Schwab Declares Preferred Stock Dividend

Business Wire

SAN FRANCISCO -- December 12, 2012

The Board of Directors of The Charles Schwab Corporation has declared a
semi-annual dividend on the outstanding Fixed-to-Floating Rate Non-Cumulative
Perpetual Preferred Stock, Series A in the amount of $35 per share. The
dividend is payable February 1, 2013, to stockholders of record at the close
of business on January 17, 2013.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial
services, with more than 300 offices and 8.7 million client brokerage
accounts, 1.6 million corporate retirement plan participants, 851,000 banking
accounts, and $1.9 trillion in client assets as of November 30, 2012. Through
its operating subsidiaries, the company provides a full range of securities
brokerage, banking, money management and financial advisory services to
individual investors and independent investment advisors. Its broker-dealer
subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and
affiliates offer a complete range of investment services and products
including an extensive selection of mutual funds; financial planning and
investment advice; retirement plan and equity compensation plan services;
compliance and trade monitoring solutions; referrals to independent fee-based
investment advisors; and custodial, operational and trading support for
independent, fee-based investment advisors through Schwab Advisor Services.
Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing
Lender), provides banking and lending services and products. More information
is available at www.schwab.com and www.aboutschwab.com.

Contact:

MEDIA:
Charles Schwab
Greg Gable, 415-667-0473
or
INVESTORS/ANALYSTS:
Charles Schwab
Rich Fowler, 415-667-1841
 
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