Company Website:
http://tcfbank.com
WAYZATA, Minn. -- (Business Wire)
The Board of Directors of TCF Financial Corporation (TCF) (NYSE: TCB)
today declared quarterly cash dividends on TCF’s common shares, 7.50%
Series A Non-Cumulative Perpetual Preferred Stock and 6.45% Series B
Non-Cumulative Perpetual Preferred Stock.
A quarterly cash dividend of $0.075 per common share is payable on
September 1, 2016 to stockholders of record at the close of business on
August 15, 2016. At June 30, 2016, there were 171.0 million common
shares outstanding listed on the New York Stock Exchange under the
symbol TCB.
A quarterly cash dividend of $0.46875 per depositary share is payable on
September 1, 2016 to holders of record of the depositary shares,
representing a 1/1,000th interest in a share of the 7.50%
Series A Non-Cumulative Perpetual Preferred Stock, at the close of
business on August 15, 2016.
A quarterly cash dividend of $0.403125 per share is payable on September
1, 2016 to holders of record of the 6.45% Series B Non-Cumulative
Perpetual Preferred Stock at the close of business on August 15, 2016.
About TCF
TCF is a Wayzata, Minnesota-based national bank holding company. As of
March 31, 2016, TCF had $21.3 billion in total assets and 376 branches
in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona, South
Dakota and Indiana, providing retail and commercial banking services.
TCF, through its subsidiaries, also conducts commercial leasing,
equipment finance, and auto finance business in all 50 states and
commercial inventory finance business in all 50 states and Canada. For
more information about TCF, please visit http://ir.tcfbank.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160720006423/en/
Contacts:
TCF Financial Corporation
Media
Mark Goldman,
952-475-7050
news@tcfbank.com
or
Investors
Jason
Korstange, 952-745-2755
investor@tcfbank.com
Source: TCF Financial Corporation
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