{"id":815999,"date":"2025-02-20T16:41:20","date_gmt":"2025-02-20T21:41:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tfs-financial-corporation-declares-dividend-12\/"},"modified":"2025-02-20T16:41:20","modified_gmt":"2025-02-20T21:41:20","slug":"tfs-financial-corporation-declares-dividend-12","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tfs-financial-corporation-declares-dividend-12\/","title":{"rendered":"TFS Financial Corporation Declares Dividend"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><span class=\"bwuline\">TFS Financial Corporation Declares Dividend<\/span><\/b><\/p>\n<p>CLEVELAND&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTFS Financial Corporation (NASDAQ: TFSL) (the \u201cCompany\u201d), the holding company for Third Federal Savings and Loan Association of Cleveland (the \u201cAssociation\u201d), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on March 20, 2025, to stockholders of record on March 6, 2025.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250220766421\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250220766421\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250220766421\/en\/1926981\/4\/Marc_A_Stefanski_2023.jpg\" alt=\"Chairman and CEO Marc A. Stefanski (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Chairman and CEO Marc A. Stefanski (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nThird Federal Savings and Loan Association of Cleveland, MHC (the \u201cMHC\u201d), the mutual holding company of the Company and owner of 227,119,132 shares, or 80.9% of the Company\u2019s common stock outstanding, has waived its right to receive the dividend on its shares.\n<\/p>\n<p>\nOn July 9, 2024, the MHC received the approval of its members (depositors and certain loan customers of the Association) with respect to the waiver of dividends, and subsequently received the non-objection of the Federal Reserve Bank of Cleveland, to waive receipt of dividends on the Company\u2019s common stock the MHC owns up to an aggregate amount of $1.13 per share during the twelve months subsequent to the members&#8217; approval (ie., through July 9, 2025). The MHC previously waived the receipt of dividends paid by the Company in an aggregate amount of $0.565 per share during the quarter ending September 30, 2024 and December 31, 2024.\n<\/p>\n<p>\nThird Federal is a leading provider of savings and mortgage products, and operates under the values of love, trust, respect, a commitment to excellence and fun. Founded in Cleveland in 1938 as a mutual association by Ben and Gerome Stefanski, Third Federal\u2019s mission is to help people achieve the dream of home ownership and financial security. It became part of a public company in 2007 and celebrated its 85th anniversary in May 2023. Third Federal, which lends in 27 states and the District of Columbia, is dedicated to serving consumers with competitive rates and outstanding service. Third Federal, an equal housing lender, has 21 full service branches in Northeast Ohio, two lending offices in Central and Southern Ohio, and 16 full service branches throughout Florida. As of December 31, 2024, the Company\u2019s assets totaled $17.06 billion.\n<\/p>\n<p>\nThis news release contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. The forward-looking statements contained herein include, but are not limited to, the Company\u2019s plans regarding its dividends. These forward-looking statements involve risks and uncertainties that could cause the Company\u2019s results to differ materially from management\u2019s current expectations. The Company\u2019s risks and uncertainties are detailed in its filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended September 30, 2024. Forward-looking statements are based on the beliefs and assumptions of our management and on currently available information. The Company undertakes no responsibility to publicly update or revise any forward-looking statement.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250220766421r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250220766421\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250220766421\/en\/<\/a><\/span><\/p>\n<p>\nTFS Financial Corporation<br \/>\n<br \/>Jennifer Rosa (216) 429-5037\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Florida Ohio<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250220766421\/en\/1926981\/3\/Marc_A_Stefanski_2023.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Chairman and CEO Marc A. Stefanski (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250220766421\/en\/506541\/3\/TFS_Financial.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>TFS Financial Corporation Declares Dividend CLEVELAND&#8211;(BUSINESS WIRE)&#8211; TFS Financial Corporation (NASDAQ: TFSL) (the \u201cCompany\u201d), the holding company for Third Federal Savings and Loan Association of Cleveland (the \u201cAssociation\u201d), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on March 20, 2025, to stockholders of record on March 6, 2025. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250220766421\/en\/ Chairman and CEO Marc A. Stefanski (Photo: Business Wire) Third Federal Savings and Loan Association of Cleveland, MHC (the \u201cMHC\u201d), the mutual holding company of the Company and owner of 227,119,132 shares, or 80.9% of the Company\u2019s common stock outstanding, has waived its right to receive the dividend on its shares. On &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tfs-financial-corporation-declares-dividend-12\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TFS Financial Corporation Declares Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-815999","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TFS Financial Corporation Declares Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tfs-financial-corporation-declares-dividend-12\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TFS Financial Corporation Declares Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TFS Financial Corporation Declares Dividend CLEVELAND&#8211;(BUSINESS WIRE)&#8211; TFS Financial Corporation (NASDAQ: TFSL) (the \u201cCompany\u201d), the holding company for Third Federal Savings and Loan Association of Cleveland (the \u201cAssociation\u201d), today announced that the Board of Directors declared a quarterly cash dividend of $0.2825 per share, payable on March 20, 2025, to stockholders of record on March 6, 2025. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250220766421\/en\/ Chairman and CEO Marc A. Stefanski (Photo: Business Wire) Third Federal Savings and Loan Association of Cleveland, MHC (the \u201cMHC\u201d), the mutual holding company of the Company and owner of 227,119,132 shares, or 80.9% of the Company\u2019s common stock outstanding, has waived its right to receive the dividend on its shares. 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250220766421\/en\/ Chairman and CEO Marc A. Stefanski (Photo: Business Wire) Third Federal Savings and Loan Association of Cleveland, MHC (the \u201cMHC\u201d), the mutual holding company of the Company and owner of 227,119,132 shares, or 80.9% of the Company\u2019s common stock outstanding, has waived its right to receive the dividend on its shares. 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