TCF Financial Corporation (TCF) Raises Quarterly Dividend 100% to $0.15; 2.7% Yield

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TCF Announces 100 Percent Common Stock Dividend Increase and Redemption of Series B Preferred Stock

January 30, 2018 7:45 AM EST

TCF declares quarterly common and preferred stock dividends, including a common stock dividend increase of 100 percent

TCF to redeem Series B Non-Cumulative Perpetual Preferred Stock

WAYZATA, Minn.--(BUSINESS WIRE)-- The Board of Directors of TCF Financial Corporation (TCF or the Company) (NYSE: TCF) today announced significant capital actions including the declaration of quarterly cash dividends for TCFs common and preferred stock and the redemption of TCFs 6.45% Series B Non-Cumulative Perpetual Preferred Stock (Series B Preferred Stock).

The Board of... More