Webster Financial Corporation Declares Common and Preferred Dividends
18 July 2024 - 6:15AM
Business Wire
Webster Financial Corporation (NYSE: WBS), the holding company
for Webster Bank, N.A., announced that its Board of Directors
declared a quarterly cash dividend of $0.40 per share on its common
stock.
The dividend on common shares will be payable Aug. 8, 2024, to
shareholders of record as of July 29, 2024.
On its Series F Preferred Stock, Webster declared a quarterly
cash dividend of $328.125 per share ($0.328125 per each depositary
share, 1,000 of which represent one share of Series F Preferred
Stock), payable Sept. 16, 2024, to shareholders of record on Sept.
1, 2024.
On its Series G Preferred Stock, Webster declared a quarterly
cash dividend of $16.25 per share ($0.40625 per each depositary
share, 40 of which represent one share of Series G Preferred
Stock), payable Oct. 15, 2024, to shareholders of record on Sept.
30, 2024.
About Webster
Webster Financial Corporation (NYSE: WBS) is the holding company
for Webster Bank, N.A. Webster is a leading commercial bank in the
Northeast that provides a wide range of digital and traditional
financial solutions across three differentiated lines of business:
Commercial Banking, Consumer Banking and Healthcare Financial
Services, one of the country's largest providers of employee
benefits and administration of medical insurance claim settlements
solutions. Headquartered in Stamford, CT, Webster is a
values-driven organization with $76 billion in assets. Its core
footprint spans the northeastern U.S. from New York to
Massachusetts, with certain businesses operating in extended
geographies. Webster Bank 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240717323602/en/
Media Contact: Alice Ferreira, 203-578-2610
acferreira@websterbank.com
Investor Contact: Emlen Harmon, 212-309-7646
eharmon@websterbank.com
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