Webster Financial (WBS) Reports Acquisition of Health Savings Accounts from State Farm Bank

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Webster Financial (WBS) Declares $0.40 Quarterly Dividend; 6.8% Yield

April 21, 2020 8:08 AM EDT

Webster Financial (NYSE: WBS) declared a quarterly dividend of $0.40 per share, or $1.6 annualized.

The dividend will be payable on May 20, 2020, to stockholders of record on May 6, 2020, with an ex-dividend date of May 5, 2020.

The annual yield on the dividend is 6.8 percent.

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Webster Financial (WBS) Misses Q1 EPS by 16c

April 21, 2020 7:34 AM EDT

Webster Financial (NYSE: WBS) reported Q1 EPS of $0.39, $0.16 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $304.2 million versus the consensus estimate of $231.73 million.

"During these uncertain, challenging and unprecedented times, Webster bankers have once again stepped up to take care of our customers, our communities and, importantly, each... More