The Board of Directors of The Charles Schwab Corporation at its meeting January 30, 2019 authorized additional repurchases of the company's common stock and declared a 4 cent, or 31% increase in the quarterly cash dividend to $0.17 per common share. The dividend is payable February 28, 2019 to stockholders of record as of the close of business on February 14, 2019.

In addition, the Board of Directors also declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series C, in the amount of $15.00 per share or $0.375 per depositary share, each representing 1/40th interest in a share of Series C Preferred Stock. The dividend is payable March 1, 2019 to stockholders of record at the close of business on February 14, 2019. The Board of Directors of The Charles Schwab Corporation has also declared a regular quarterly dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series D, in the amount of $14.88 per share or $0.372 per depositary share, each representing 1/40th interest in a share of Series D Preferred Stock. The dividend is payable March 1, 2019 to stockholders of record at the close of business on February 14, 2019. The Board of Directors of The Charles Schwab Corporation has also declared a regular semi-annual dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series E, in the amount of $2,312.50 per share or $23.125 per depositary share, each representing 1/100th interest in a share of Series E Preferred Stock. The dividend is payable March 1, 2019 to stockholders of record at the close of business on February 14, 2019.