PR Newswire
WATERBURY, Conn., Jan. 31, 2017
WATERBURY, Conn., Jan. 31, 2017 /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 February 28, 2017 to shareholders of record on
February 14, 2017.
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 March 15, 2017 to shareholders of record on March 1,
2017.
About Webster
Webster Financial Corporation is the holding company for Webster Bank, National
Association. With $26.1 billion in assets, Webster provides business and consumer banking,
mortgage, financial planning, trust, and investment services through 175 banking centers and 350 ATMs. Webster also provides
mobile 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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/webster-financial-corporation-declares-common-dividend-300399830.html
SOURCE Webster Financial Corporation