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Director Weir Daniel F of TFS Financial CORP (NASDAQ:TFSL) sold 3,900 shares of common stock on September 11, 2025, at a price of $13.37, totaling $52143. The stock, currently trading at $13.47, appears overvalued according to InvestingPro analysis, with the company commanding a market capitalization of $3.76 billion.
Following the transaction, Weir directly owns 14,941 shares of TFS Financial CORP. Additionally, Weir indirectly owns 20,148 shares through a spouse. The company stands out for its impressive 8.4% dividend yield and has maintained dividend payments for 12 consecutive years. InvestingPro subscribers can access 6 additional key insights about TFSL’s financial performance.
The director also holds 5,100 Restricted Stock Units (RSUs) which fully vest on December 10, 2025, and 30,000 RSUs which vest one-fifth (20%) per year beginning December 10, 2023. Each RSU represents a contingent right to receive one share of TFS Financial Corporation common stock and are entitled to dividend equivalent rights. The company maintains a FAIR financial health score, though it currently trades at a relatively high P/E ratio of 46.4.
In other recent news, TFS Financial Corporation’s majority stakeholder, Third Federal Savings and Loan Association of Cleveland, MHC, has approved a significant waiver concerning dividends. The mutual holding company, which owns 81% of TFS Financial, held a special meeting where 97% of participating members voted in favor of the proposal. This decision allows for the waiver of dividends on TFS Financial’s common stock, amounting to up to $1.13 per share, over the next twelve months. This waiver is set to cover dividends declared through July 8, 2026. The approval reflects the participation of 59% of eligible members in the voting process. These developments are part of the company’s recent strategic decisions.
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