TCF declares quarterly dividend of 35 cents per share
WARREN — TCF Financial Corporation, holding company for TCF National Bank, declared a quarterly cash dividend of 35 cents per share of common and preferred stock.
The dividends are payable March 1 to stockholders of record at the close of business Feb. 12.
It was announced in December that the Detroit-based bank, which just last year acquired Chemical Bank, will merge into Huntington National Bank of Columbus in a $22 billion deal that will create a top 10 regional bank in the U.S.
The transaction should be final in the second quarter of this year.