---
schema_version: "secwatch.filing_event.v1"
accession: "0001381668-23-000057"
form_type: "8-K"
ticker: "TFSL"
cik: "0001381668"
company_name: "TFS Financial CORP"
filed_at: "2023-07-11T23:59:59+00:00"
generated_at: "2026-06-13T09:56:15.782566+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001381668-23-000057
- form_type: 8-K
- ticker: TFSL
- cik: 0001381668
- company_name: TFS Financial CORP
- filed_at: 2023-07-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1381668/000138166823000057/0001381668-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1381668/000138166823000057/tfsl-20230711.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001381668-23-000057
- JSON: https://secwatch.observer/filing/0001381668-23-000057.json
- Plain text: https://secwatch.observer/filing/0001381668-23-000057.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.