TCF Financial Stock To Go Ex-dividend Tomorrow (TCB)

NEW YORK ( TheStreet) -- The ex-dividend date for TCF Financial Corporation (NYSE: TCB) is tomorrow, April 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 $11.01 as of 9:30 a.m. ET, the dividend yield is 1.8%.

The average volume for TCF Financial has been 2.5 million shares per day over the past 30 days. TCF Financial has a market cap of $1.81 billion and is part of the financial sector and banking industry. Shares are up 6.1% 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.

TheStreet Ratings rates TCF Financial as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full TCF Financial Ratings Report.

See our dividend calendar or top-yielding stocks list.
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