The acquisition of TD Ameritrade Holding Corporation (AMTD) by Charles Schwab has been completed, ending the stock market listing of TD Ameritrade. Charles Schwab acquired TD Ameritrade for approximately $22 billion.

TD Ameritrade Holding Corporation (AMTD) last raised its quarterly dividend by 3.3 percent to 0.31 per share in 2019. This followed a 42.9 percent dividend hike in 2018 by the brokerage services provider.

The dividend had been raised 9 consecutive years prior to the acquisition with TD Ameritrade paying an annual dividend rate of $671 million.

TD Ameritrade dividend hikes:

• 2019: +3.3 percent
• 2018: +42.9 percent
• 2017: +16.7 percent
• 2016: +5.9 percent
• 2015: +13.3 percent
• 2014: +25.0 percent
• 2013: +33.3 percent
• 2012: +50.0 percent
• 2011: +20.0 percent

TD Ameritrade Holding Corporation is a provider of securities brokerage services and related technology-based financial services. The company provides its services to retail investors, traders and independent registered investment advisors. Before TD Ameritrade was acquired by Charles Schwab the company had been paying a dividend to shareholders every year since 2010.