TCF Financial Corp.'s Series B Non-Cumulative Perpetual Preferred Stock Ex-Dividend Reminder

On 11/12/14, TCF Financial Corp.'s 6.45% Series B Non-Cumulative Perpetual Preferred Stock (NYSE: TCB.PRC) will trade ex-dividend, for its quarterly dividend of $0.4031, payable on 12/1/14. As a percentage of TCB.PRC's recent share price of $25.06, this dividend works out to approximately 1.61%, so look for shares of TCB.PRC to trade 1.61% lower — all else being equal — when TCB.PRC shares open for trading on 11/12/14. On an annualized basis, the current yield is approximately 6.41%, which c...