WATERBURY, Conn., Jan. 31, 2017 /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 February 28, 2017 to shareholders of record on
February 14, 2017.
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 March 15, 2017 to
shareholders of record on March 1,
2017.
About Webster
Webster Financial Corporation is the
holding company for Webster Bank,
National Association. With $26.1
billion in assets, Webster provides business and consumer
banking, mortgage, financial planning, trust, and investment
services through 175 banking centers and 350 ATMs. Webster also
provides mobile 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