dividend
confidence high
sentiment neutral
materiality 0.50
TFS Financial declares $0.2825 quarterly dividend; MHC waives receipt on 81% of shares
TFS Financial CORP
- Quarterly cash dividend of $0.2825 per share declared, payable March 21, 2023 to holders of record March 7, 2023.
- MHC, owning 227,119,132 shares (81.0% of outstanding), waived its right to receive the dividend.
- MHC has approval to waive dividends up to $1.13 per share through July 12, 2023; previously waived $0.5650 for Sep and Dec 2022 quarters.
- Dividend rate unchanged from prior quarterly payments.