WATERBURY, Conn., July 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 August 22, 2016 to shareholders of record on
August 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 September 15, 2016 to
shareholders of record on September 1,
2016.
Webster Financial Corporation is the holding company for
Webster Bank, National Association.
With $25.1 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.
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