Key Takeaways Charles Schwab reported $32.2B in cash and cash equivalents as of June 30, 2025.SCHW authorized a new$20B share repurchase program in July, replacing its prior plan.The company raised its dividend by 8% in January and targets a 20-30% payout ratio.Charles Schwab (SCHW) enjoys a strong liquidity position and remains focused on maintaining a low-cost capital structure. As of June 30, 2025, cash and cash equivalents were $32.2 billion. As of the same date, total debt was$37.7 billion. Moreover, ...