PR Newswire
WATERBURY, Conn., Oct. 25, 2016
WATERBURY, Conn., Oct. 25, 2016 /PRNewswire/ -- Webster
Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today
that its Board of Directors declared a quarterly cash dividend of $.25 per share on its common
stock.
The dividend on the common shares will be payable November 22, 2016 to shareholders of record on
November 8, 2016.
On its Series E Preferred Stock, Webster declared a quarterly cash dividend of $400.00 per share
($.40 per each depository share, 1,000 of which represent one share of Series E preferred stock),
payable December 15, 2016 to shareholders of record on December 1,
2016.
About Webster
Webster Financial Corporation is the holding company for Webster Bank, National
Association. With $25.6 billion in assets, Webster provides business and consumer banking,
mortgage, financial planning, trust, and investment services through 176 banking centers and 349 ATMs. Webster also provides
telephone banking, mobile banking, and Internet banking. Webster Bank owns the asset-based lending
firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a
division of Webster Bank, which provides health savings account trustee and administrative
services. Webster Bank is a member of the FDIC and an equal housing lender. For more information
about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.
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SOURCE Webster Financial Corporation