---
schema_version: "secwatch.filing_event.v1"
accession: "0001381668-24-000115"
form_type: "8-K"
ticker: "TFSL"
cik: "0001381668"
company_name: "TFS Financial CORP"
filed_at: "2024-08-09T23:59:59+00:00"
generated_at: "2026-05-31T10:20:49.607586+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TFS Financial MHC gets Fed non-objection to waive up to $1.13/share dividend through July 2025

## Summary
- Federal Reserve Bank of Cleveland non-objected to MHC waiver of dividends on its 227M shares (80.9% ownership) up to $1.13/share for 12 months ending July 9, 2025.
- MHC members approved waiver on July 9, 2024; 58% of eligible votes cast, with 97% in favor.
- Prior similar waiver covered the four quarters ended June 30, 2024 for the same $1.13 per share amount.
- Company’s board retains discretion to declare dividends; waiver retains MHC’s forgone dividends within the company, potentially benefiting minority shareholders.

## SEC filing metadata
- accession: 0001381668-24-000115
- form_type: 8-K
- ticker: TFSL
- cik: 0001381668
- company_name: TFS Financial CORP
- filed_at: 2024-08-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1381668/000138166824000115/0001381668-24-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1381668/000138166824000115/tfsl-20240809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001381668-24-000115
- JSON: https://secwatch.observer/filing/0001381668-24-000115.json
- Plain text: https://secwatch.observer/filing/0001381668-24-000115.txt

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