Webster Financial Corporation Declares Common Dividend
WATERBURY, Conn., July 29, 2013
WATERBURY, Conn., July 29, 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
The dividend on the common shares will be payable on August 26, 2013, to
shareholders of record on August 12, 2013.
Webster also declared a regular quarterly cash dividend of $21.25 per share on
its Series A Convertible Preferred Stock, payable on September 16, 2013, to
shareholders of record on September 1, 2013.
On its Series E Preferred Stock, Webster declared a quarterly cash dividend of
$400.00 per share ($.40 per each depositary share, 1,000 of which represent
one share of Series E preferred stock), payable on September 16, 2013, to
shareholders of record on September 3, 2013.
Webster Financial Corporation is the holding company for Webster Bank,
National Association. With $20 billion in assets, Webster provides business
and consumer banking, mortgage, financial planning, trust and investment
services through 168 banking offices, 296 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. Webster
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 Investor Contact:
Bob Guenther, 203-578-2391 Terry Mangan,
SOURCE Webster Financial Corporation
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