Webster Financial Corporation Declares Common And Preferred ...| MENAFN.COM

Wednesday, 08 February 2023 12:00 GMT

Webster Financial Corporation Declares Common And Preferred Dividends


(MENAFN- PR Newswire)

STAMFORD, Conn., Jan. 25, 2023 /PRNewswire/ -- Webster Financial Corporation (NYSE: wbs ), the holding company for Webster Bank, N.A. and its HSA Bank division, 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 February 17, 2023, to shareholders of record as of February 6, 2023.

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 March 15, 2023, to shareholders of record on March 1, 2023.

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 represents one share of Series G Preferred Stock), payable April 15, 2023, to shareholders of record on March 31, 2023.

About Webster
Webster Financial Corporation (NYSE:wbs ) is the holding company for Webster Bank, N.A. and its HSA Bank Division. 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 its HSA Bank division, one of the country's largest providers of employee benefits solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with $69.1 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
.

Media Contact:
Alice Ferreira, 203-578-2610
[email protected]

Investor Contact:
Emlen Harmon, 212-309-7646
[email protected]

SOURCE Webster Financial Corporation

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