Webster Financial (WBS) Raises Quarterly Dividend 8.7% to $0.25; 2.7% Yield

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Webster Financial Corporation Increases Common Dividend

April 25, 2016 4:29 PM EDT

WATERBURY, Conn., April 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, an increase of $.02 from the previous $.23 per share.

James C. Smith, chairman and CEO, said, "In light of Webster's continued solid financial... More