TCF Financial Corp. (TCB) Raises Quarterly Dividend 50% to $0.075; 2% Yield

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TCF Announces Common Stock Dividend Increase of 50 Percent

October 19, 2015 4:18 PM EDT

WAYZATA, Minn.--(BUSINESS WIRE)-- The Board of Directors of TCF Financial Corporation (TCF) (NYSE: TCB) today declared a quarterly cash dividend on TCFs common stock of $0.075 per share, an increase of $0.025 per share, or 50 percent, from the previous quarterly cash dividend of $0.05 per share. The dividend is payable on December 1, 2015 to stockholders of record at the close of business on November 13, 2015. At September 30, 2015, there were 169.4 million common shares outstanding listed on the New York Stock Exchange under the... More