Webster Financial Corporation Declares Common Dividend
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 |
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/webster-financial-corporation-declares-common-dividend-300351069.html
SOURCE Webster Financial Corporation
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Webster Financial (WBS) Misses Q1 EPS by 6c
- Bragar Eagel & Squire, P.C. Is Investigating Zoetis, and Morgan Stanley and Encourages Investors to Contact the Firm
- Voodoo Doughnut and Kane Brown Unite in Sweet Harmony with Kane Brown’s In The Air Doughnut
Create E-mail Alert Related Categories
Press ReleasesRelated Entities
Dividend, FDICSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!