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Webster Financial Corporation Declares Dividend

^{Published on 2012-10-22 13:45:43 - Market Wire}
 

Webster Financial Corporation Declares Dividend -- WATERBURY, Conn., Oct. 22, 2012 /PRNewswire/ --

WATERBURY, Conn., Oct. 22, 2012 /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 $.10 on its common stock.

The dividend on the common shares will be payable on November 19, 2012, to shareholders of record on November 5, 2012.

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 December 17, 2012, to shareholders of record on December 1, 2012.

About Webster

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 167 banking offices, 466 ATMs, 293 of which are owned by Webster and 173 of which are branded, 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 ].

SOURCE Webster Financial Corporation