People's United Financial Declares Cash Dividend on Preferred Stock

BRIDGEPORT, Conn., April 20, 2017 /PRNewswire/ -- People's United Financial, Inc. (NASDAQ: PBCT) today announced that its Board of Directors declared a quarterly cash dividend of $0.3515625 per share on the Company's Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock.  The dividend is payable on June 15, 2017 to shareholders of record at the close of business on June 1, 2017.

People's United Financial, Inc., a diversified financial services company with $40 billion in total assets, provides commercial and retail banking, as well as wealth management services through a network of approximately 400 branches in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.  Through its subsidiaries, People's United Financial provides equipment financing, brokerage and insurance services.

Access Information About People's United Financial at www.peoples.com.

SOURCE People's United Financial, Inc.

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