TFS Financial (TFSL) Declares $0.10 Quarterly Dividend; 2.4% Yield

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TFS Financial Corporation Declares Dividend

August 27, 2015 4:01 PM EDT

CLEVELAND, Aug. 27, 2015 (GLOBE NEWSWIRE) -- TFS Financial Corporation (NASDAQ: TFSL) (the Company), the holding company for Third Federal Savings and Loan Association of Cleveland (the Association), today announced that the Board of Directors declared a quarterly cash dividend of $0.10 per share, payable on September 22, 2015 to stockholders of record on September 8, 2015.

Third Federal Savings and Loan Association of Cleveland, MHC (the MHC), the mutual holding company of the Company and owner of 227,119,132 shares, or 78% of the Companys common stock outstanding, has waived its right to receive the dividend on its shares.

On August 5, 2015,... More