E Daily Stock Choice: TFS Financial (TFSL)

This week, I'm seeking a second stalwart dividend financial services sector representative for my new Ivy portfolio. 

Financial Services includes twenty industries ranging from Asset Management to 8 kinds of Banks, Credit, Exchanges, 6 kinds of Insurance, Savings, and all such financial concerns.

Today I'm reviewing a mid-cap banks - regional US company, TFS Financial Corporation. Its trading ticker symbol is TFSL.

TFS Financial Corp is the holding company of the Third Federal Savings and Loan Association based in the United States. Its business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits.

The company's deposit products include savings, money market, checking, certificate of deposit, individual retirement, and other qualified plan accounts. It also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and a first mortgage, refinance loans. 

In addition, the company engages in the net lease transactions of commercial buildings; and provision of escrow and settlement services. 

It provides its products and services through its main office in Cleveland, Ohio; and 38 full-service branches and 8 loan production offices located throughout the states of Ohio and Florida. 

The company was founded in 1938 and is headquartered in Cleveland, Ohio. TFS Financial Corporation is a subsidiary of Third Federal Savings and Loan Association of Cleveland, MHC.

I use three key data points to gauge the value of any dividend equity or fund like TFS Financial Corporation (TFSL): 

(1) Price

(2) Dividends

(3) Returns

Besides those three, four more keys will finally unlock equity or fund in which to invest.

But those first three primary keys, best tell whether a company has made, is making, and will make money. 

TFSL Price

TFSL's price per share was $15.69 at yesterday's market close. A year ago its price was $15.14 for a price move up of $0.55 per share for the year, or a 3.5% upside. 

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Disclaimer: 

This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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