TCF Financial (TCB) Approves $0.05 Per Share Dividend

October 19, 2009 3:39 PM EDT

The Board of Directors of TCF Financial Corporation ("TCF") (NYSE: TCB) has declared a quarterly cash dividend of 5 cents per common share, payable November 30, 2009 to stockholders of record at the close of business on October 30, 2009. At September 30, 2009, there were 128.7 million common shares outstanding listed on the New York Stock Exchange under the symbol TCB.

Current annual dividend yield is 1.40%.

TCF is a Wayzata, Minnesota-based national financial holding company with $17.5 billion in total assets. [SM]


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