TFS Financial Declares $0.2825 Quarterly Dividend; MHC Waives $1.13 Cap
TFSL•TFS Financial Corporation’s board declared a quarterly cash dividend of $0.2825 per share payable June 24, 2026, to shareholders of record on June 10. The mutual holding company, owning 227.1 million shares (81% of outstanding), has waived dividends up to $1.13 per share through July 8, 2026.
1. Board Declares Quarterly Dividend
TFS Financial Corporation’s board of directors declared a quarterly cash dividend of $0.2825 per common share, payable June 24, 2026, to shareholders of record as of June 10, 2026. This dividend follows the company’s established quarterly payout schedule and reflects ongoing cash return to investors.
2. MHC Waiver Mechanism and Impact
Third Federal Savings and Loan Association of Cleveland MHC, which holds 227,119,132 shares (81% of outstanding), has waived its dividend entitlement up to an aggregate $1.13 per share through July 8, 2026. To date, the MHC has waived $0.8475 per share in dividends from the quarters ended September 30, December 31, 2025, and March 31, 2026.
