Webster Financial Corporation Announces Common and Preferred Dividend
26 January 2010 - 11:23AM
PR Newswire (US)
WATERBURY, Conn., Jan. 25 /PRNewswire-FirstCall/ -- Webster
Financial Corporation (NYSE:WBS), the holding company for Webster
Bank, N.A., announced that its Board of Directors today declared
cash dividends on its common shares and its 8.50% Series A
Non-Cumulative Perpetual Convertible Preferred Stock. Webster
declared a regular quarterly cash dividend of $0.01 per common
share, payable on February 22, 2010 to shareholders of record on
February 8, 2010. Webster also declared a regular quarterly cash
dividend of $21.25 per share on its 8.50% Series A Non-Cumulative
Perpetual Convertible Preferred Stock, payable on March 15, 2010 to
shareholders of record on March 1, 2010. *** Webster Financial
Corporation is the holding company for Webster Bank, National
Association. With $17.7 billion in assets, Webster provides
business and consumer banking, mortgage, financial planning, trust
and investment services through 181 banking offices, 501 ATMs,
telephone banking and the Internet. Webster Bank owns the
asset-based lending firm Webster Business Credit Corporation,
Center Capital Corporation, an equipment finance company
headquartered in Farmington, Conn., 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
http://www.websteronline.com/. *** DATASOURCE: Webster Financial
Corporation CONTACT: Media: Ed Steadham, +1-203-578-2287, or
Investor: Terry Mangan, +1-203-578-2318, Web Site:
http://www.websteronline.com/
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