) -- The ex-dividend date for

TCF Financial Corporation



) is tomorrow, January 25, 2012. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $10.65 as of 9:30 a.m. ET, the dividend yield is 1.7%.

The average volume for TCF Financial has been 1.6 million shares per day over the past 30 days. TCF Financial has a market cap of $1.87 billion and is part of the


sector and


industry. Shares are up 12.6% year to date as of the close of trading on Monday.

TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various retail and commercial banking products and services in the United States and Canada. The company has a P/E ratio of 14.6, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

  • Sign up for TheStreet's FREE Dividend and Income Investor Newsletter

TheStreet Ratings rates TCF Financial as a


. The company's strengths can be seen in multiple areas, such as its expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity. You can view the full

TCF Financial Ratings Report


See our

dividend calendar


top-yielding stocks list