Navigating Challenges and Investor Rewards: TFS Financial Ensures Steady Distribution amidst Changing Profits
Portfolio Pulse from Benzinga Insights
TFS Financial (NASDAQ:TFSL) is set to distribute a dividend payout of $0.28 per share, resulting in an annualized dividend yield of 8.32%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $1.04 to $1.13. However, the company's earnings per share have decreased from $0.28 in 2019 to $0.27 in 2022, which may impact future dividend payouts.
September 26, 2023 | 3:05 pm
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TFS Financial's dividend payout and declining earnings per share may impact the company's future dividend payouts.
TFS Financial's dividend per share has been increasing, which is a positive sign for investors. However, the company's earnings per share have been decreasing, which could potentially impact the company's ability to maintain its dividend payout schedule in the future.
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