TFS Financial (TFSL) Declares $0.07 Quarterly Dividend; 1.8% Yield

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TFS Financial Corporation Declares Dividend

November 21, 2014 11:08 AM EST

CLEVELAND, Nov. 21, 2014 (GLOBE NEWSWIRE) -- TFS Financial Corporation (Nasdaq: TFSL) (the "Company"), the holding company for Third Federal Savings and Loan Association of Cleveland (the "Association"), announced that on November 20, 2014 the Board of Directors declared a quarterly cash dividend of $0.07 per share, payable on December 19, 2014 to stockholders of record on December 5, 2014.

Third Federal Savings and Loan Association of Cleveland, MHC, (the "MHC"), the mutual holding company of the Company, has waived its right to receive the dividend on the 227,119,132 shares of common stock it owns. The MHC currently owns approximately 76% of the... More