TFS Financial Corporation
TFSLFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
7.65%
Annual Dividend
$1.27
Payout Ratio
314%
5-Yr Growth
0.2%
Ex-Date
Sep 9, 2026
Frequency
Quarterly
Key facts about TFSL's dividend
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, TFS Financial Corporation (TFSL) has a forward dividend yield of 7.65%, based on an annual dividend of $1.27 per share and a share price of $16.60.
- As of Oct 24, 2026, TFSL's dividend safety grade from SmarterDividends is B (77 out of 100), which rates the dividend as safe.
- TFSL has never cut its regular dividend in the payment history SmarterDividends has on record.
- TFSL's most recent ex-dividend date was Sep 9, 2026, for a dividend of $0.32 per share.
- As of Oct 24, 2026, TFSL pays out 314% of its trailing 12-month earnings as dividends (its payout ratio).
- TFSL's dividend has grown at an average rate of 0.2% a year over the past five years.
- As of Oct 24, 2026, SmarterDividends' blended fair-value estimate for TFSL is $24.15 per share, 45% above the $16.60 share price, so TFSL screens as undervalued.
- TFS Financial Corporation (TFSL) pays its dividend quarterly, 4 times a year.
- TFS Financial Corporation (TFSL) has raised its regular dividend 9 times and cut it 0 times across the 59 payments on record since 2008. Its most recent change was a 12.4% increase to $0.318 per share, going ex-dividend on Sep 9, 2026.
Cite this page
SmarterDividends, "TFSL Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 24, 2026, https://smarterdividends.com/stocks/TFSL
Summary
As of Oct 24, 2026, TFS Financial Corporation (TFSL) yields 7.65% ($1.27 a year per share) and has a dividend safety grade of B (77/100).
Is TFSL a good dividend stock?
YesTFS Financial Corporation (TFSL) pays a quarterly dividend yielding 7.65% ($1.27/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (314%)
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.65%
- Payout Ratio
- 314%
- Annual Dividend
- $1.27
- 5-Yr Avg Growth
- 0.2%
- Ex-Dividend Date
- Sep 9, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.73
- Market Cap
- $4.7B
- P/E Ratio
- 46.1
- 5-Yr Total Return
- -8%
- 52-Week Range
- $13.18 – $19.49
- Dividend Safety
- B · 77/100
- Ever Cut?
- No
TFSL dividend raises and cuts
TFS Financial Corporation (TFSL) has raised its regular dividend 9 times and cut it 0 times across the 59 payments on record since 2008. Its most recent change was a 12.4% increase to $0.318 per share, going ex-dividend on Sep 9, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Sep 9, 2026 | Raise | $0.283 → $0.318 | +12.4% |
| Sep 3, 2021 | Raise | $0.280 → $0.283 | +1.1% |
| Mar 9, 2020 | Raise | $0.270 → $0.280 | +3.7% |
| Aug 30, 2019 | Raise | $0.250 → $0.270 | +8.0% |
| Sep 7, 2018 | Raise | $0.170 → $0.250 | +47.1% |
| Sep 8, 2017 | Raise | $0.125 → $0.170 | +36.0% |
| Sep 1, 2016 | Raise | $0.100 → $0.125 | +25.0% |
| Sep 3, 2015 | Raise | $0.0700 → $0.100 | +42.9% |
| Feb 11, 2009 | Raise | $0.0500 → $0.0700 | +40.0% |
Frequently Asked Questions
Is TFSL a good dividend stock?
Yes. TFS Financial Corporation (TFSL) pays a quarterly dividend yielding 7.65% ($1.27/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is TFSL undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, TFSL's fair value is about $24.15 versus a $16.60 share price — so it looks undervalued (+45% vs. fair value).
Is TFSL's dividend safe?
TFSL has a dividend-safety grade of B (77/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is TFSL's fair value?
Our blended fair-value estimate for TFSL is about $24.15 per share, roughly 45% above the current $16.60 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is TFSL a buy, hold, or sell?
We don't issue formal ratings, but on the data TFSL screens as "yes" and undervalued. TFS Financial Corporation (TFSL) pays a quarterly dividend yielding 7.65% ($1.27/yr), with 0 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will TFSL cut its dividend?
TFSL earns a dividend-safety grade of B (77/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does TFSL pay a dividend?
Yes. TFS Financial Corporation pays a quarterly dividend of about $1.27 per share annually, a forward yield of roughly 7.65%.
What is TFSL's dividend yield?
As of Oct 24, 2026, TFSL's forward dividend yield is 7.65%, based on a $1.27 annual dividend and a $16.60 share price.
What is TFSL's dividend per share?
As of Oct 24, 2026, TFSL pays $1.27 per share per year, distributed on a quarterly basis.
What is TFSL's dividend payout ratio?
As of Oct 24, 2026, TFSL's payout ratio is 314% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.
How many years has TFSL grown its dividend?
TFSL does not currently have a long dividend-growth streak on record.
When is the next TFSL ex-dividend date?
As of Oct 24, 2026, TFSL's next ex-dividend date hasn't been announced. The most recent was Sep 9, 2026, for $0.32 per share.
TFSL Price — Last 12 Months
Daily close
Price Return
1 Year
+16%
3 Years
+26%
5 Years
-8%
52-Week Range
$13.18 – $19.49
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is TFSL worth?
Undervaluedlow confidenceOur blended fair-value estimate for TFS Financial Corporation is $24.15 per share, versus a market price of $16.60. That implies 45% of upside — a margin of safety of about 31%.
Fair Value
$24.15
Current Price
$16.60
Upside
+45%
Margin of Safety
31%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $0.36 EPS, $1.27 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
TFSL Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full TFSL dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 9, 2026 | Sep 23, 2026 | $0.3180 | regular |
| Jun 10, 2026 | Jun 24, 2026 | $0.2830 | regular |
| Mar 11, 2026 | Mar 25, 2026 | $0.2830 | regular |
| Dec 2, 2025 | Dec 16, 2025 | $0.2830 | regular |
| Sep 10, 2025 | Sep 24, 2025 | $0.2830 | regular |
| Jun 10, 2025 | Jun 24, 2025 | $0.2830 | regular |
| Mar 6, 2025 | Mar 20, 2025 | $0.2830 | regular |
| Dec 3, 2024 | Dec 17, 2024 | $0.2830 | regular |
| Sep 10, 2024 | Sep 24, 2024 | $0.2830 | regular |
| Jun 11, 2024 | Jun 25, 2024 | $0.2830 | regular |
| Mar 6, 2024 | Mar 21, 2024 | $0.2830 | regular |
| Nov 28, 2023 | Dec 13, 2023 | $0.2830 | regular |
| Sep 11, 2023 | Sep 26, 2023 | $0.2830 | regular |
| May 26, 2023 | Jun 13, 2023 | $0.2830 | regular |
Income Calculator
At $1.27 / yr per share
Similar Dividend Stocks
Compare TFSL
Explore more
Lists and tools related to TFSL
- Stocks that pay dividends in December →
- Undervalued dividend stocks →
- Financial Services dividend stocks →
- TFSL dividend calculator →
- TFSL DRIP calculator →
- TFSL: last day to buy for the dividend →
- Embed TFSL dividend data on your site →
- Dividend increases & cuts this week →
- Dividend calendar →
- Dividend calculator →
- Dividend income calculator →
- DRIP calculator →
- Latest dividend cuts →
- Dividend cuts this month (research note) →
- Dividend increases this month (research note) →
- Safety score track record →
- Dividend screener →
- Dividend history lookup →
- Guide: what is a good dividend yield? →
- Guide: how to value a dividend stock →