Webster Financial Corporation Declares Common and Preferred Dividends

By PR Newswire

WATERBURY, Conn., Jan. 26, 2021— Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock.

The dividend on the common shares will be payable February 23, 2021 to shareholders of record on February 9, 2021.

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, 2021 to shareholders of record on March 1, 2021. This was conveyed to Prittle Prattle News through a Press Release.

About

Webster Financial Corporation is the holding company for Webster Bank, National Association and its HSA Bank division. With $32.6 billion in assets, it provides business and consumer banking, mortgage, financial planning, trust, and investment services through 155 banking centers and 297 ATMs. Webster also provides mobile and online banking. It owns the asset-based lending firm  Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of the Bank, which provides health savings account trustee and administrative services. It  is a member of the FDIC and an equal housing lender. For more information , including past press releases and the latest annual report, visit the  website at www.websterbank.com.