TFS Financial's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
TFS Financial (NASDAQ:TFSL) announced a quarterly dividend of 28.25 cents per share, with the ex-dividend date set for Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the payout on March 21, 2024. The stock is expected to open lower by the dividend amount on the ex-dividend date.
March 01, 2024 | 2:45 pm
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TFS Financial announced a quarterly dividend of 28.25 cents per share, with an ex-dividend date this Wednesday. Eligible shareholders will receive the payout on March 21, 2024.
The stock is expected to open lower by the amount of the dividend on the ex-dividend date, reflecting the payout. This is a common occurrence as the dividend payment is accounted for in the stock's price, leading to a temporary decrease.
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