TFS Financial Dividend Waiver Approved by Shareholders

TFS Financial ( (TFSL) ) has shared an announcement.

On July 8, 2025, members of the Third Federal Savings and Loan Association of Cleveland approved a waiver of dividends, up to $1.13 per share, on TFS Financial Corporation’s common stock for the following year. The waiver received 97% approval from the votes cast, representing 59% of total eligible votes. The mutual holding company, holding 81% of the company’s shares, will seek non-objection from the Federal Reserve Bank of Cleveland, although the outcome and timing remain uncertain.

The most recent analyst rating on (TFSL) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on TFS Financial stock, see the TFSL Stock Forecast page.

Spark’s Take on TFSL Stock

According to Spark, TipRanks’ AI Analyst, TFSL is a Neutral.

TFS Financial’s solid financial performance is the most significant factor supporting its score, highlighting strong profitability and cash flow generation despite leverage concerns. The technical analysis indicates a stable but modest upward trend, while the valuation suggests potential overvaluation, mitigated by a high dividend yield. The absence of earnings call insights and corporate events limits the influence of these components.

To see Spark’s full report on TFSL stock, click here.

More about TFS Financial

TFS Financial Corporation operates in the financial services industry, primarily focusing on savings and loan services through its subsidiary, Third Federal Savings and Loan Association of Cleveland. The company serves depositors and loan customers, with a significant market presence as evidenced by its mutual holding company’s majority shareholding.

Average Trading Volume: 342,370

Technical Sentiment Signal: Strong Buy

Current Market Cap: $3.73B

See more data about TFSL stock on TipRanks’ Stock Analysis page.