PR Newswire
WATERBURY, Conn., Oct. 27, 2020
WATERBURY, Conn. , Oct. 27, 2020 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank , N.A. and its HSA Bank division, announced today that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock.
The dividend on the common shares will be payable November 24, 2020 to shareholders of record on November 10, 2020 .
On its Series F Preferred Stock, Webster declared a quarterly cash dividend of $328.125 per share ( $0.328125 per each depositary share, 1,000 of which represent one share of Series F Preferred Stock), payable December 15, 2020 to shareholders of record on December 1 , 2020.
About Webster
Webster Financial Corporation is the holding company for Webster Bank , National Association and its HSA Bank division. With $33.0 billion in assets, Webster provides business and consumer banking , mortgage , financial planning , trust , and investment services through 156 banking centers and 298 ATMs. Webster also provides mobile and online 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