Bulletin
Investor Alert

New York Markets Open in:

press release

April 21, 2020, 8:01 a.m. EDT

Webster Financial Corporation Declares common Dividend

WATERBURY, Conn., April 21, 2020 /PRNewswire/ -- Webster Financial Corporation /zigman2/quotes/207965570/composite WBS -1.36% , the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock.

The dividend on the common shares will be payable May 20, 2020 to shareholders of record on May 6, 2020.

On its Series F Preferred Stock, Webster declared a quarterly cash dividend of $328.125 per share ($0.328125 per each depositary share, 1,000 of which represent one share of Series F Preferred Stock), payable June 15, 2020 to shareholders of record on June 1, 2020. 

About Webster Webster Financial Corporation is the holding company for Webster Bank, National Association and its HSA Bank division. With $31.7 billion in assets, Webster provides business and consumer banking , mortgage , financial planning , trust , and investment services through 157 banking centers and 308 ATMs. Webster also provides mobile and online 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:   
Alice Ferreira, 203-578-2610                                                Terry Mangan, 203-578-2318                
acferreira@websterbank.com                                                 tmangan@websterbank.com

 

Cision
View original content: http://www.prnewswire.com/news-releases/webster-financial-corporation-declares-common-dividend-301044072.html

SOURCE Webster Financial Corporation

Copyright (C) 2020 PR Newswire. All rights reserved

/zigman2/quotes/207965570/composite
US : U.S.: NYSE
$ 29.12
-0.40 -1.36%
Volume: 748,704
Aug. 12, 2020 4:00p
P/E Ratio
9.99
Dividend Yield
5.49%
Market Cap
$2.66 billion
Rev. per Employee
$405,925
loading...

Comtex
Link to MarketWatch's Slice.