WATERBURY, Conn., Jan. 28, 2014 /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 $.15 on its common stock.
The dividend on the common shares will be payable on February 25, 2014, to shareholders of record on February 11, 2014.
Webster also declared a regular quarterly cash dividend of $21.25 per share on its Series A Convertible Preferred Stock, payable on March 17, 2014, to shareholders of record on March 1, 2014.
On its Series E Preferred Stock, Webster declared a quarterly cash dividend of $400.00 per share ($.40 per each depositary share, 1,000 of which represent one share of Series E preferred stock), payable on March 17, 2014, to shareholders of record on March 3, 2014.
Webster Financial Corporation is the holding company for Webster Bank, N.A. With $21 billion in assets, Webster provides business and consumer banking, mortgages, private banking, trust and investment services through 168 banking offices; 310 ATMs; 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 or follow us on LinkedIn http://linkedin.com/company/webster-bank and Twitter https://twitter.com/WebsterBank.
SOURCE Webster Financial Corporation