TCF Financial Co. (NYSE:TCF) declared a quarterly dividend on Wednesday, January 23rd, Zacks reports. Stockholders of record on Friday, February 15th will be paid a dividend of 0.15 per share by the bank on Friday, March 1st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date is Thursday, February 14th.
Shares of TCF Financial stock traded down $0.29 during trading on Friday, reaching $22.52. The company’s stock had a trading volume of 1,521,453 shares, compared to its average volume of 1,745,713. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 1.15 and a beta of 1.22. TCF Financial has a fifty-two week low of $18.17 and a fifty-two week high of $27.34. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.99 and a quick ratio of 0.99.
TCF Financial (NYSE:TCF) last announced its earnings results on Monday, January 28th. The bank reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.04. The business had revenue of $377.02 million for the quarter, compared to analysts’ expectations of $367.53 million. TCF Financial had a net margin of 18.87% and a return on equity of 14.00%. During the same period in the previous year, the company posted $0.28 EPS. Analysts anticipate that TCF Financial will post 1.92 earnings per share for the current year.
ILLEGAL ACTIVITY WARNING: This story was posted by Ticker Report and is the sole property of of Ticker Report. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US and international trademark and copyright law. The legal version of this story can be read at https://www.tickerreport.com/banking-finance/4138832/tcf-financial-co-tcf-plans-0-15-quarterly-dividend.html.
TCF Financial Company Profile
TCF Financial Corporation operates as the holding company for TCF National Bank that provides various financial products and services in the United States and Canada. It operates through Consumer Banking, Wholesale Banking, and Enterprise Services segments. The company offers checking, savings, and money market accounts; certificates of deposits; and individual retirement accounts.
Read More: What is a stock buyback?
Receive News & Ratings for TCF Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TCF Financial and related companies with MarketBeat.com's FREE daily email newsletter.