TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. Its deposit products include savings, money market, checking, individual retirement, and other qualified plan accounts, as well as certificates of deposit. The company also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans. In addition, it offers escrow and settlement services. The company provides its products and services through its main office in Cleveland, Ohio; and 37 full-service branches and 7 loan production offices located throughout the states of Ohio and Florida. The company was founded in 1938 and is headquartered in Cleveland, Ohio. TFS Financial Corporation operates as a subsidiary of Third Federal Savings and Loan Association of Cleveland, MHC.
TFS Financial Dividend Announcement
• TFS Financial announced a quarterly dividend of $0.28 per ordinary share which will be made payable on 2024-12-17. Ex dividend date: 2024-12-03
• TFS Financial annual dividend for 2024 was $1.13
• TFS Financial annual dividend for 2023 was $1.13
• TFS Financial's trailing twelve-month (TTM) dividend yield is 8.43%
• TFS Financial's payout ratio for the trailing twelve months (TTM) is 74.07%
• TFS Financial's dividend growth over the last five years (2018-2023) was 6.11% year
TFS Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-03 | $0.28 | quarterly | 2024-12-17 |
2024-09-10 | $0.28 | quarterly | 2024-09-24 |
2024-06-11 | $0.28 | quarterly | 2024-06-25 |
2024-03-06 | $0.28 | quarterly | 2024-03-21 |
2023-11-28 | $0.28 | quarterly | 2023-12-13 |
2023-09-11 | $0.28 | quarterly | 2023-09-26 |
2023-05-26 | $0.28 | quarterly | 2023-06-13 |
2023-03-06 | $0.28 | quarterly | 2023-03-21 |
2022-11-28 | $0.28 | quarterly | 2022-12-13 |
2022-09-02 | $0.28 | quarterly | 2022-09-20 |
2022-06-06 | $0.28 | quarterly | 2022-06-21 |
2022-03-07 | $0.28 | quarterly | 2022-03-22 |
2021-11-29 | $0.28 | quarterly | 2021-12-14 |
2021-09-03 | $0.28 | quarterly | 2021-09-21 |
2021-06-07 | $0.28 | quarterly | 2021-06-22 |
2021-03-08 | $0.28 | quarterly | 2021-03-23 |
2020-11-30 | $0.28 | quarterly | 2020-12-15 |
2020-09-08 | $0.28 | quarterly | 2020-09-23 |
2020-06-08 | $0.28 | quarterly | 2020-06-23 |
2020-03-09 | $0.28 | quarterly | 2020-03-24 |
2019-12-02 | $0.27 | quarterly | 2019-12-17 |
2019-08-30 | $0.27 | quarterly | 2019-09-17 |
2019-06-10 | $0.25 | quarterly | 2019-06-25 |
2019-03-04 | $0.25 | quarterly | 2019-03-19 |
2018-11-27 | $0.25 | quarterly | 2018-12-12 |
2018-09-07 | $0.25 | quarterly | 2018-09-24 |
2018-06-08 | $0.17 | quarterly | 2018-06-25 |
2018-03-02 | $0.17 | quarterly | 2018-03-19 |
2017-11-27 | $0.17 | quarterly | 2017-12-12 |
2017-09-08 | $0.17 | quarterly | 2017-09-25 |
2017-06-07 | $0.12 | quarterly | 2017-06-23 |
2017-03-02 | $0.12 | quarterly | 2017-03-20 |
2016-11-25 | $0.12 | quarterly | 2016-12-12 |
2016-09-01 | $0.12 | quarterly | 2016-09-19 |
2016-06-08 | $0.10 | quarterly | 2016-06-24 |
2016-03-03 | $0.10 | quarterly | 2016-03-21 |
2015-11-25 | $0.10 | quarterly | 2015-12-14 |
2015-09-03 | $0.10 | quarterly | 2015-09-22 |
2015-06-10 | $0.07 | quarterly | 2015-06-26 |
2015-03-05 | $0.07 | quarterly | 2015-03-23 |
2014-12-03 | $0.07 | quarterly | 2014-12-19 |
2014-09-10 | $0.07 | quarterly | 2014-09-26 |
2010-05-12 | $0.07 | quarterly | 2010-05-28 |
2010-02-10 | $0.07 | quarterly | 2010-02-26 |
TFS Financial Dividend per year
TFS Financial Dividend growth
TFS Financial Dividend Yield
TFS Financial current trailing twelve-month (TTM) dividend yield is 8.43%. Interested in purchasing TFS Financial stock? Use our calculator to estimate your expected dividend yield:
TFS Financial Financial Ratios
TFS Financial Dividend FAQ
Other factors to consider when evaluating TFS Financial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy TFS Financial stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: TFS Financial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, TFS Financial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, TFS Financial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from TFS Financial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: TFS Financial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, TFS Financial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: TFS Financial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of TFS Financial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review TFS Financial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.