TFS Financial Co. (NASDAQ:TFSL) to Issue Quarterly Dividend of $0.27

TFS Financial Co. (NASDAQ:TFSL) declared a quarterly dividend on Thursday, November 21st, RTT News reports. Shareholders of record on Tuesday, December 3rd will be paid a dividend of 0.27 per share by the bank on Tuesday, December 17th. This represents a $1.08 dividend on an annualized basis and a yield of 5.32%. The ex-dividend date is Monday, December 2nd.

NASDAQ TFSL opened at $20.29 on Friday. The company’s fifty day simple moving average is $19.33 and its 200-day simple moving average is $18.17. TFS Financial has a 52 week low of $15.01 and a 52 week high of $20.45. The company has a current ratio of 1.52, a quick ratio of 1.52 and a debt-to-equity ratio of 2.24. The stock has a market cap of $4.61 billion, a P/E ratio of 72.46 and a beta of 0.18.

TFS Financial (NASDAQ:TFSL) last posted its earnings results on Wednesday, October 30th. The bank reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.02. TFS Financial had a net margin of 15.97% and a return on equity of 4.64%. The business had revenue of $70.13 million for the quarter.

In other TFS Financial news, Director William C. Mulligan sold 10,000 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $20.30, for a total transaction of $203,000.00. Following the completion of the sale, the director now owns 64,400 shares in the company, valued at $1,307,320. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.78% of the stock is owned by insiders.

TFSL has been the topic of a number of recent research reports. Zacks Investment Research cut shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, August 13th. BidaskClub raised shares of TFS Financial from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, ValuEngine cut shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, October 2nd.

About TFS Financial

TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. The company's deposit products include savings, money market, checking, certificate of deposit, individual retirement, and other qualified plan accounts. It also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans.

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Dividend History for TFS Financial (NASDAQ:TFSL)

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