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Schwab Jumps on Dividend Talk

Stock quotes in this article: SCHW , BAC  

Updated from 1:20 p.m.

Shares of Charles Schwab(SCHW Quote) jumped 6% on hopes of a big dividend payout.

Investors were speculating that the San Francisco-based broker could dump a huge dividend into investors' laps once its sale of U.S. Trust is completed, according to some observers. ...

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