MHC members approve dividend waiver of up to $1.13/share; Fed approval pending

TFS Financial CORP

MHC (81% majority shareholder) members approved waiver of dividends up to $1.13 per share over the next 12 months.
97% of votes cast in favor; 60% of total eligible votes were cast at July 11, 2023 special meeting.
Waiver enables TFS Financial to pay dividends to other shareholders while MHC foregoes its share.
Non-objection from Federal Reserve Bank of Cleveland still required; timing uncertain.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.