dividend
confidence high
sentiment neutral
materiality 0.25
TFS Financial declares $0.2825 quarterly dividend; MHC waives receipt on 80.9% stake
TFS Financial CORP
- Quarterly cash dividend of $0.2825 per share declared, payable March 20, 2025 to holders of record March 6, 2025.
- MHC, owning 80.9% (227.1M shares), waived its dividend for this quarter, reducing total cash outflow.
- MHC authorized to waive up to $1.13/share through July 9, 2025; previously waived $0.565 for Q3 and Q4 2024.
- Only minority shareholders (19.1% of shares outstanding) will receive the dividend.