TCF Financial board declares quarterly dividend of 5 cents, payable Aug. 31

TCF Financial declares dividend of 5 cents

WAYZATA, Minn. — TCF Financial on Monday said its board declared a quarterly dividend of 5 cents.

The parent company of TCF Bank said the dividend is payable Aug. 31, to shareholders of record as of July 30.

TCF Financial shares closed Monday down 28 cents at $15.35.