WATERBURY, Conn., Oct. 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 November 22, 2016 to shareholders of record on
November 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 December 15, 2016 to
shareholders of record on December 1,
2016.
About Webster
Webster Financial Corporation
is the holding company for Webster
Bank, National Association. With $25.6 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:
|
Sarah Barr,
203-578-2287
|
Terry Mangan,
203-578-2318
|
sbarr@websterbank.com
|
tmangan@websterbank.com
|
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SOURCE Webster Financial Corporation