As the day concludes, TFS Financial TFSL is preparing to distribute a dividend payout of $0.28 per share, resulting in an annualized dividend yield of 8.32%. This payout is exclusive to investors who held the stock before the ex-dividend date on September 11, 2023.
TFS Financial Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-09-11 | 4 | $0.28 | 8.32% | 2023-08-31 | 2023-09-12 | 2023-09-26 |
| 2023-05-26 | 4 | $0.28 | 9.76% | 2023-05-18 | 2023-05-30 | 2023-06-13 |
| 2023-03-06 | 4 | $0.28 | 7.91% | 2023-02-23 | 2023-03-07 | 2023-03-21 |
| 2022-11-28 | 4 | $0.28 | 8.05% | 2022-11-15 | 2022-11-29 | 2022-12-13 |
| 2022-09-02 | 4 | $0.28 | 7.62% | 2022-08-25 | 2022-09-06 | 2022-09-20 |
| 2022-06-06 | 4 | $0.28 | 7.79% | 2022-05-26 | 2022-06-07 | 2022-06-21 |
| 2022-03-07 | 4 | $0.28 | 6.59% | 2022-02-24 | 2022-03-08 | 2022-03-22 |
| 2021-11-29 | 4 | $0.28 | 5.77% | 2021-11-18 | 2021-11-30 | 2021-12-14 |
| 2021-09-03 | 4 | $0.28 | 5.71% | 2021-08-26 | 2021-09-07 | 2021-09-21 |
| 2021-06-07 | 4 | $0.28 | 5.17% | 2021-05-27 | 2021-06-08 | 2021-06-22 |
| 2021-03-08 | 4 | $0.28 | 5.39% | 2021-02-25 | 2021-03-09 | 2021-03-23 |
| 2020-11-30 | 4 | $0.28 | 6.82% | 2020-11-19 | 2020-12-01 | 2020-12-15 |
Analyzing TFS Financial Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
From 2019 to 2022, the company's dividend per share showed a positive trend, increasing steadily from $1.04 in 2019 to $1.13 in 2022. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
YoY Earnings Growth For TFS Financial
Investors can observe a decrease in TFS Financial's earnings per share from $0.28 in 2019 to $0.27 in 2022. This declining earnings trend may be concerning for income-seeking investors, as it indicates a potential impact on the company's cash dividend payouts. A comprehensive analysis is recommended to understand the factors driving this decrease and evaluate its implications on future dividend payments.
Recap
This article takes an in-depth look at TFS Financial's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.28 per share today, translating to an annualized dividend yield of 8.32%.
The rising dividend per share and declining earnings per share of TFS Financial from 2019 to 2022 indicate a deliberate choice to prioritize dividend distribution over earnings performance.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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