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TCF Financial (TCF Financial) Dividend Payout Ratio : 0.44 (As of Mar. 2021)


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What is TCF Financial Dividend Payout Ratio?

TCF Financial's dividend payout ratio for the months ended in Mar. 2021 was 0.44.

Warning Sign:

If a company dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of TCF Financial Corp is 0.75, which seems too high.

The historical rank and industry rank for TCF Financial's Dividend Payout Ratio or its related term are showing as below:

TCF' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.26   Max: 1
Current: 0.75


During the past 13 years, the highest Dividend Payout Ratio of TCF Financial was 1.00. The lowest was 0.21. And the median was 0.26.

TCF's Dividend Payout Ratio is not ranked
in the Banks industry.
Industry Median: 0.35 vs TCF: 0.75

As of today (2024-05-14), the Dividend Yield % of TCF Financial is 3.10%.

During the past 13 years, the highest Trailing Annual Dividend Yield of TCF Financial was 6.14%. The lowest was 1.17%. And the median was 1.75%.

TCF Financial's Dividends per Share for the months ended in Mar. 2021 was $0.35.

During the past 12 months, TCF Financial's average Dividends Per Share Growth Rate was 48.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 33.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of TCF Financial was 38.70% per year. The lowest was -41.50% per year. And the median was 16.45% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


TCF Financial Dividend Payout Ratio Historical Data

The historical data trend for TCF Financial's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TCF Financial Dividend Payout Ratio Chart

TCF Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.21 0.34 0.37 1.00

TCF Financial Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 2.50 1.00 0.60 0.44

Competitive Comparison of TCF Financial's Dividend Payout Ratio

For the Banks - Regional subindustry, TCF Financial's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TCF Financial's Dividend Payout Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TCF Financial's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where TCF Financial's Dividend Payout Ratio falls into.



TCF Financial Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

TCF Financial's Dividend Payout Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2020 )/ EPS without NRI (A: Dec. 2020 )
=1.4/ 1.4
=1.00

TCF Financial's Dividend Payout Ratio for the quarter that ended in Mar. 2021 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2021 )/ EPS without NRI (Q: Mar. 2021 )
=0.35/ 0.79
=0.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TCF Financial (NAS:TCF) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


TCF Financial Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of TCF Financial's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


TCF Financial (TCF Financial) Business Description

Traded in Other Exchanges
N/A
Address
333 West Fort Street, Suite 1800, Detroit, MI, USA, 48226
TCF Financial is a bank and financial services provider operating throughout the United States and Canada. The company operates in three segments: commercial banking, which provides industrial and commercial banking and leasing services; consumer banking, which provides personal loans and wealth management services through retail banks; and enterprise services, which includes the company's capital management and operational functions. The majority of branches are concentrated in the U.S. Midwest, Colorado, Arizona, and South Dakota.
Executives
Thomas C Shafer officer: Chief Operating Officer 235 EAST MAIN STREET, MIDLAND MI 48640
Ronald A Klein director 235 EAST MAIN STREET, MIDLAND MI 48640
Brian W Maass officer: EVP, Deputy CFO, Treasurer 200 LAKE STREET EAST WAYZATA MN 55391
Sandra D. Kuohn officer: EVP, Chief HCM Officer 235 E. MAIN STREET MIDLAND MI 48640
Andrew J Jackson officer: Chief Audit Executive 200 LAKE STREET EAST WAYZATA MN 55391-1693
Daniel W Terpsma other: Officer of Principal Bus. Unit 235 E. MAIN STREET MIDLAND MI 48640
Thomas John Butterfield officer: EVP, Chief Tech/Oper Offcr 200 LAKE STREET EAST WAYZATA MN 55391
Vance K Opperman director 200 LAKE STREET EAST WAYZATA MN 55391-1693
Barbara L. Mcquade director 235 E. MAIN STREET, MIDLAND MI 48640
Roger J Sit director 200 LAKE STREET EAST, WAYZATA MN 55391-1693
Richard H King director 200 LAKE STREET EAST, WAYZATA MN 55391
Barbara J Mahone director 235 EAST MAIN STREET MIDLAND MI 48640
Arthur A Weiss director 235 EAST MAIN STREET, MIDLAND MI 48640
Theresa Wise director 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Jeffrey L. Tate director 2211 H.H. DOW WAY, MIDLAND MI 48674

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