TFS Financial Dividend
Dividend criteria checks 2/6
TFS Financial Corporation is a dividend paying company with a current yield of 7.8% that is well covered by earnings.
Key information
7.8%
Dividend yield
396%
Payout ratio
| Industry average yield | 5.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$1.13 |
| Earnings per share | US$0.28 |
| Dividend yield forecast in 3Y | 8.5% |
Recent dividend updates
Recent updates
TFS Financial Corporation: Bouncing Back And Returning To The Right Track
Aug 25TFS Financial: Buy This 8.3% Yielding Bank At A Steep Discount
Jun 15TFS Financial Corporation: Dividend Increase Provides Stable Opportunity
Mar 11TFS Financial Corporation: Decline In Rates Offers Buying Opportunity
Jul 09TFS Financial: 7% Dividend Yield And 50% Upside Over The Next Three Years
Nov 23TFS Financial Corporation: Huge Increase In Originations
Nov 14Dividend Yield vs Market
| TFS Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (TFSL) | 7.8% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Mortgage) | 5.9% |
| Analyst forecast in 3 Years (TFSL) | 8.5% |
Notable Dividend: TFSL's dividend (7.8%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: TFSL's dividend (7.8%) is in the top 25% of dividend payers in the US market (4.18%)
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 9/30/2024 | 1.3 | 1 |
| 9/30/2023 | 1.15 | 1 |
| 2/4/2023 | 1.13 | 7.8 |
| 11/16/2022 | 1.13 | 7.95 |
| 8/27/2022 | 1.13 | 8.33 |
| 5/28/2022 | 1.13 | 7.93 |
| 2/24/2022 | 1.13 | 7.22 |
| 11/18/2021 | 1.13 | 6.35 |
| 8/26/2021 | 1.13 | 5.78 |
| 5/27/2021 | 1.12 | 5.53 |
| 2/25/2021 | 1.12 | 5.43 |
| 11/19/2020 | 1.12 | 6.17 |
| 8/27/2020 | 1.12 | 7.25 |
| 5/28/2020 | 1.12 | 7.66 |
| 2/27/2020 | 1.12 | 7.4 |
| 11/21/2019 | 1.08 | 5.33 |
| 8/22/2019 | 1.08 | 5.84 |
| 5/30/2019 | 1 | 5.6 |
| 2/21/2019 | 1 | 5.98 |
| 11/14/2018 | 1 | 6.14 |
| 8/30/2018 | 1 | 6.63 |
| 5/31/2018 | 0.68 | 4.29 |
| 2/22/2018 | 0.68 | 4.5 |
| 11/15/2017 | 0.68 | 4.53 |
| 8/31/2017 | 0.68 | 4.39 |
| 5/25/2017 | 0.5 | 3.21 |
| 2/23/2017 | 0.5 | 3.01 |
| 11/17/2016 | 0.5 | 2.71 |
| 8/25/2016 | 0.5 | 2.8 |
| 5/26/2016 | 0.4 | 2.24 |
| 2/25/2016 | 0.4 | 2.27 |
| 11/19/2015 | 0.4 | 2.25 |
| 8/27/2015 | 0.4 | 2.28 |
| 5/28/2015 | 0.28 | 1.71 |
| 2/26/2015 | 0.28 | 1.92 |
| 11/21/2014 | 0.28 | 1.93 |
| 8/28/2014 | 0.28 | 1.92 |
| 10/30/2012 | - | 0 |
| 7/31/2012 | - | 0 |
| 5/10/2012 | - | 0 |
| 5/1/2012 | - | 0 |
Stable Dividend: Whilst dividend payments have been stable, TFSL has been paying a dividend for less than 10 years.
Growing Dividend: TFSL's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Earnings Coverage: With its high payout ratio (396.2%), TFSL's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.