TCF Financial Corp. (TCB) Declares Quarterly Dividend of $0.05
TCF Financial Corp. (NYSE:TCB) declared a quarterly dividend on Monday, January 27th, AnalystRatingsNetwork reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.05 per share on Monday, March 3rd. This represents a $0.20 dividend on an annualized basis and a yield of 1.21%.
Several analysts have recently commented on the stock. Analysts at Oppenheimer upgraded shares of TCF Financial Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Wednesday, January 8th. On a related note, analysts at Zacks reiterated a “neutral” rating on shares of TCF Financial Corp. in a research note to investors on Monday, December 16th. They now have a $16.50 price target on the stock. Finally, analysts at Zacks reiterated a “hold” rating on shares of TCF Financial Corp. in a research note to investors on Thursday, October 31st. They now have a $15.00 price target on the stock. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $16.09.
Shares of TCF Financial Corp. (NYSE:TCB) traded down 0.42% on Monday, hitting $16.52. The stock had a trading volume of 1,078,962 shares. TCF Financial Corp. has a 52 week low of $12.89 and a 52 week high of $17.12. The stock has a 50-day moving average of $16.29 and a 200-day moving average of $15.36. The company has a market cap of $2.663 billion and a price-to-earnings ratio of 22.18.
TCF Financial Corporation (NYSE:TCB) is a national bank holding company.
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