TFS Financial (TFSL) Declares $0.07 Quarterly Dividend; 2% Yield

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TFS Financial Corporation Declares Dividend

February 26, 2015 9:15 AM EST

CLEVELAND, Feb. 26, 2015 (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 February 26, 2015 the Board of Directors declared a quarterly cash dividend of $0.07 per share, payable on March 23, 2015 to stockholders of record on March 9, 2015.

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