WATERBURY, Conn., April 20, 2015 /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
$.23 on its common stock, an increase
of $.03 from the previous
$.20 per share.
James C. Smith, chairman and CEO,
said, "In light of Webster's continued solid financial performance
and strong capital position, the Board of Directors voted to
increase the dividend on our common shares."
The dividend on the common shares will be payable on
May 18, 2015, to shareholders of
record on May 4, 2015.
Webster also declared a regular quarterly cash dividend of
$21.25 per share on its Series A
Convertible Preferred Stock, payable on June
15, 2015, to shareholders of record on June 1, 2015.
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 June 15, 2015, to
shareholders of record on June 1,
2015.
About Webster
Webster Financial Corporation is the holding company for
Webster Bank, N.A. With $23 billion in assets, Webster provides business
and consumer banking, mortgages, private banking, trust and
investment services through 164 banking offices; 313 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:
|
Bob Guenther,
203-578-2391
|
Terry Mangan,
203-578-2318
|
rguenther@websterbank.com
|
tmangan@websterbank.com
|
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SOURCE Webster Financial Corporation