The Board of Directors of TCF Financial Corporation (“TCF”) (NYSE: TCB)
today declared quarterly cash dividends on TCF’s common shares and 7.50%
Series A Non-Cumulative Perpetual Preferred Stock.
A quarterly cash dividend of $.05 per common share is payable on August
31, 2012 to stockholders of record at the close of business on August
15, 2012. At June 30, 2012, there were 162.7 million common shares
outstanding listed on the New York Stock Exchange under the symbol TCB.
A quarterly cash dividend of $.34375 per depositary share is payable on
September 4, 2012 to stockholders of record at the close of business on
August 15, 2012. Each depositary share represents a 1/1,000th
interest in a share of the Series A Preferred Stock.
About TCF Financial Corporation
TCF is a Wayzata, Minnesota-based national bank holding company with
$17.8 billion in total assets at March 31, 2012. The company has over
430 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin,
Indiana, Arizona and South Dakota, providing retail and commercial
banking services. TCF, through its subsidiaries, also conducts
commercial leasing and equipment finance business and leverage lending
in all 50 states, commercial inventory finance business in the U.S. and
Canada, and indirect auto finance business in over 30 states. For more
information about TCF, please visit http://ir.tcfbank.com.