WATERBURY, Conn., Oct. 28, 2014 /PRNewswire/ -- Webster Financial
Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that its
Board of Directors declared its quarterly cash dividend of
$.20 on its common stock.
The dividend on the common shares will be payable on
November 25, 2014, to shareholders of
record on November 11, 2014.
Webster also declared a regular quarterly cash dividend of
$21.25 per share on its Series A
Convertible Preferred Stock, payable on December 15, 2014, to shareholders of record on
December 1, 2014.
On its Series E Preferred Stock, Webster declared a quarterly
cash dividend of $400.00 per share
($.40 per each depositary share,
1,000 of which represent one share of Series E preferred stock),
payable on December 15, 2014, to
shareholders of record on December 1,
2014.
About Webster
Webster Financial Corporation is the
holding company for Webster Bank.
With $22 billion in assets, Webster
provides business and consumer banking, mortgages, private banking,
trust and investment services through 165 banking offices; 311
ATMs; telephone banking; mobile banking; and the Internet.
Webster Bank owns the asset based
lending firm Webster Business Credit Corporation; the equipment
finance firm Webster Capital Finance Corporation; and provides
health savings account trustee and administrative services through
HSA Bank, a division of Webster
Bank. Member FDIC and 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 or follow us on LinkedIn
http://linkedin.com/company/webster-bank and Twitter
https://twitter.com/WebsterBank.
Media
Contact:
|
Investor
Contact:
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Bob Guenther,
203-578-2391
|
Terry Mangan,
203-578-2318
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rguenther@websterbank.com
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tmangan@websterbank.com
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SOURCE Webster Financial Corporation