The Board of Directors of TCF Financial Corporation (“TCF”) (NYSE: TCB) 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 $.05 per common share is payable on June 2, 2014 to stockholders of record at the close of business on May 15, 2014. At March 31, 2014, there were 166.1 million common shares outstanding listed on the New York Stock Exchange under the symbol TCB.
A quarterly cash dividend of $.46875 per depositary share is payable on June 2, 2014 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 May 15, 2014.
A quarterly cash dividend of $.403125 per share is payable on June 2, 2014 to holders of record of the 6.45% Series B Non-Cumulative Perpetual Preferred Stock at the close of business on May 15, 2014.
About TCF Financial Corporation
TCF Financial Corporation is
a Wayzata, Minnesota-based national bank holding company. As of December
31, 2013, TCF had $18.4 billion in total assets and nearly 430 branches
in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona
and South Dakota, providing retail and commercial banking services. TCF,
through its subsidiaries, also conducts commercial leasing and equipment
finance business in all 50 states, commercial inventory finance business
in the U.S. and Canada, and indirect auto finance business in 45 states.
For more information about TCF, please visit http://ir.tcfbank.com.
Contacts:
Jason Korstange,
952-745-2755
http://ir.tcfbank.com