CLEVELAND, July 31, 2008 (PRIME NEWSWIRE) -- TFS Financial Corporation (Nasdaq:TFSL) (the "Company"), the holding company for Third Federal Savings and Loan Association of Cleveland, announced today that the Board of Directors has declared the Company's third quarterly cash dividend of $0.05 per share, payable on August 29, 2008 to stockholders of record on August 15, 2008. Third Federal Savings and Loan Association of Cleveland, MHC, has waived its right to receive the dividend on the 227,119,132 shares of common stock it owns.
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