TCF Financial Corporation (TCB) Ex-Dividend Date Scheduled for February 13, 2013

By NASDAQ.com News,  February 11, 2013, 09:00:04 AM EDT

TCF Financial Corporation ( TCB ) will begin trading ex-dividend on February 13, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on February 28, 2013. Shareholders who purchased TCB stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 16th quarter that TCB has paid the same dividend.

The previous trading day's last sale of TCB was $13.95, representing a -0.57% decrease from the 52 week high of $14.03 and a 45.46% increase over the 52 week low of $9.59.

TCB is a part of the Finance sector, which includes companies such as J P Morgan Chase & Co ( JPM ) and Wells Fargo & Company ( WFC ). TCB's current earnings per share, an indicator of a company's profitability, is -$1.37. Zacks Investment Research reports TCB's forecasted earnings growth in 2013 as 176.53%, compared to an industry average of 3.9%.

For more information on the declaration, record and payment dates, visit the TCB Dividend History page.

Interested in gaining exposure to TCB through an Exchange Traded Fund [ETF]?
The following ETF(s) have TCB as a top-10 holding:

  • SPDR Bank ETF ( KBE )
  • SPDR S&P Regional Banking ETF ( KRE ).

The top-performing ETF of this group is KBE with an increase of 7.85% over the last 100 days. It also has the highest percent weighting of TCB at 2.55%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: JPM, KBE, KRE, TCB, WFC



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