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Webster Financial Corporation Increases Common Dividend



           Webster Financial Corporation Increases Common Dividend

PR Newswire

WATERBURY, Conn., April 22, 2013

WATERBURY, Conn., April 22, 2013 /PRNewswire/ -- Webster Financial Corporation
(NYSE: WBS), the holding company for Webster Bank, N.A., announced today that
its Board of Directors had declared a quarterly cash dividend of $.15 on its
common stock, an increase from the previous $.10 per share.

James C. Smith, chairman and CEO, said, "Given the growth and quality of
earnings and Webster's strong capital base, the Board of Directors is pleased
to increase the dividend on our common shares by five cents per share."

The dividend on the common shares will be payable on May 20, 2013, to
shareholders of record on May 6, 2013.

Webster also declared a regular quarterly cash dividend of $21.25 per share on
its Series A Convertible Preferred Stock, payable on June 17, 2013, to
shareholders of record on June 1, 2013.

On its Series E Preferred Stock, Webster declared a quarterly cash dividend of
$400.00 per share ($0.40 per each depositary share, 1,000 of which represent
one share of Series E preferred stock), payable on June 17, 2013, to
shareholders of record on June 1, 2013.

About Webster
Webster Financial Corporation (NYSE:  WBS) is the holding company for Webster
Bank, N.A. With $20 billion in assets, Webster provides business and consumer
banking, mortgages, financial planning, trust and investment services through
168 banking offices; 294 ATMs; telephone banking; mobile banking; and the
Internet. Webster Bank owns the asset based lending firm Webster Business
Credit Corporation; the equipment finance firm Webster Capital Finance
Corporation; and provides health savings account trustee and administrative
services through HSA Bank, a division of Webster Bank. Member FDIC and 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 or follow us on LinkedIn
http://linkedin.com/company/webster-bank and Twitter
https://twitter.com/WebsterBank.

Media Contact:                  Investor Contact:       
Bob Guenther, 203-578-2391      Terry Mangan, 203-578-2318
rguenther@websterbank.com       tmangan@websterbank.com

 

SOURCE Webster Financial Corporation

Website: http://www.websterbank.com
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