Preferred Stock Channel
Schwab (Charles) Corp (The) | 6.00% Non-Cumulative Perpetual Preferred Stock, Series C (SCHW.PRC)

This preferred is marked as having been called.
Prospectus excerpt:  We are offering 24,000,000 depositary shares, each representing a 1/40th ownership interest in a share of 6.00% Non-Cumulative Perpetual Preferred Stock, Series C, $0.01 par value, with a liquidation preference of $1,000 per share (equivalent to $25 per depositary share)(the ÙSeries C Preferred Stockˆ). The depositary shares are represented by depositary receipts. As a holder of depositary shares, you will be entitled to all proportional rights and preferences of the Series C Preferred Stock (including dividend, voting, redemption and liquidation rights). You must exercise such rights through the depositary.

Full Prospectus PDF », Secondary Prospectus PDF », SCHW Page »

Series:C
Alternate symbology:SCHW-C, SCHW-PC, SCHWprC
Redeemable?:Yes
Call Date:12/1/2020 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:No
Shares Offered:24,000,000
Liquidation Preference:$25.00
Original Coupon:6.00%
Pay Period:Quarterly
Pay Dates:1-Mar, 1-Jun, 1-Sep, 1-Dec
CDx3 Compliance Rating: Learn SCHW.PRC's Rating
The Charles Schwab is a savings and loan holding company. Through its subsidiaries, Co. engages in wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. Co.'s two segments are: Investor Services, which provides retail brokerage, investment advisory, and banking and trust services to individual investors, and retirement plan services, as well as other corporate brokerage services to businesses; and Advisor Services, which provides custodial, trading, banking and trust, and support services, as well as retirement business services, to independent registered investment advisors, independent retirement advisors, and recordkeepers.

Preferreds: SCHW.PRB, SCHW.PRC, SCHW.PRD, SCHW.PRJ


Open the SCHW Information Page »
Name:  Schwab (Charles) Corp (The)
Website:  www.aboutschwab.com
Sector:  Investment Brokerages
Number of ETFs Holding SCHW:  93 (see which ones)
Total Market Value Held by ETFs:  $11,648,054,244.75
Total Market Capitalization:  $124,196,000,000
% of Market Cap. Held by ETFs:  9.38%

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