TFS Financial's last quarterly cash dividend of $0.283 per share was issued to shareholders on record before Mar 6, 2024. At an annualized rate of $1.13 per share, the stock yields 9.23%.
TFSL has a dividend yield of 9.23% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 3.41%, TFS Financial's dividend yield is 171% higher. The current dividend yield is more than the historical average of 7.0% of the last 5 years.
TFS Financial has a dividend history dating as far as 2008, but consistently the company has been paying dividends for the last ten consecutive years. According to our records TFSL has distributed four quarterly dividends in the past year. The annualized dividend per share has decreased by 0.1% for the last twelve months. However with the stock price down by 0.4% from a year ago, the dividend yield has increased by 0.3%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 6, 2024 | Mar 21, 2024 | Feb 22, 2024 | $0.283 | normal |
| Nov 28, 2023 | Dec 13, 2023 | Nov 15, 2023 | $0.283 | normal |
| Sep 11, 2023 | Sep 26, 2023 | Aug 31, 2023 | $0.283 | normal |
| May 26, 2023 | Jun 13, 2023 | May 18, 2023 | $0.283 | normal |
| Mar 6, 2023 | Mar 21, 2023 | Feb 23, 2023 | $0.283 | normal |
| Nov 28, 2022 | Dec 13, 2022 | Nov 15, 2022 | $0.283 | normal |
| Sep 2, 2022 | Sep 20, 2022 | Aug 25, 2022 | $0.283 | normal |
| Jun 6, 2022 | Jun 21, 2022 | May 26, 2022 | $0.283 | normal |
| Mar 7, 2022 | Mar 22, 2022 | Feb 24, 2022 | $0.283 | normal |
| Nov 29, 2021 | Dec 14, 2021 | Nov 18, 2021 | $0.283 | normal |
| Sep 3, 2021 | Sep 21, 2021 | Aug 26, 2021 | $0.283 | normal |
| Jun 7, 2021 | Jun 22, 2021 | May 27, 2021 | $0.28 | normal |
| Mar 8, 2021 | Mar 23, 2021 | Feb 25, 2021 | $0.28 | normal |
| Nov 30, 2020 | Dec 15, 2020 | Nov 19, 2020 | $0.28 | normal |
| Sep 8, 2020 | Sep 23, 2020 | Aug 27, 2020 | $0.28 | normal |
| Jun 8, 2020 | Jun 23, 2020 | May 28, 2020 | $0.28 | normal |
| Mar 9, 2020 | Mar 24, 2020 | Feb 27, 2020 | $0.28 | normal |
| Dec 2, 2019 | Dec 17, 2019 | Nov 21, 2019 | $0.27 | normal |
| Aug 30, 2019 | Sep 17, 2019 | Aug 22, 2019 | $0.27 | normal |
| Jun 10, 2019 | Jun 25, 2019 | May 30, 2019 | $0.25 | normal |
| Mar 4, 2019 | Mar 19, 2019 | Feb 21, 2019 | $0.25 | normal |
| Nov 27, 2018 | Dec 12, 2018 | Nov 14, 2018 | $0.25 | normal |
| Sep 7, 2018 | Sep 24, 2018 | Aug 30, 2018 | $0.25 | normal |
| Jun 8, 2018 | Jun 25, 2018 | May 31, 2018 | $0.17 | normal |
| Mar 2, 2018 | Mar 19, 2018 | Feb 22, 2018 | $0.17 | normal |
| Nov 27, 2017 | Dec 12, 2017 | Nov 15, 2017 | $0.17 | normal |
| Sep 8, 2017 | Sep 25, 2017 | Aug 31, 2017 | $0.17 | normal |
| Jun 7, 2017 | Jun 23, 2017 | May 25, 2017 | $0.125 | normal |
| Mar 2, 2017 | Mar 20, 2017 | Feb 23, 2017 | $0.125 | normal |
| Nov 25, 2016 | Dec 12, 2016 | Nov 17, 2016 | $0.125 | normal |
| Sep 1, 2016 | Sep 19, 2016 | Aug 25, 2016 | $0.125 | normal |
| Jun 8, 2016 | Jun 24, 2016 | May 26, 2016 | $0.1 | normal |
TFSL has a payout ratio of 434.6% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 39.6%, TFS Financial's payout ratio is 997% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| TFSL TFS Financial CORP | 9.22% | $1.13 | 434.6% |
| CZWI Citizens Community Bancorp Inc | 3.05% | $0.32 | 25.6% |
| CFBK Cf Bankshares Inc | 1.31% | $0.24 | 9.1% |
Yes, TFS Financial has paid four dividends in the last twelve months. TFSL has been paying dividends since 2014.
At this point we don't have a record of TFSL's next dividend date, but based on the current dividend schedule we project that it will likely be in June 2024.
TFS Financial's last dividend ex-date was on Mar 6, 2024. The dividend amount was $0.283 per share.
On an annual basis TFSL pays $1.13 per share.
Currently TFS Financial's dividend yield is 9.23%.
TFS Financial pays four dividends per year.
The dividend payout ratio of TFS Financial is 434.6%.
TFS Financial's dividend yield is more than the Financial Services sector average.