Webster Financial Corporation declares ordinary and preferred dividends
STAMFORD, Conn., April 28, 2022 /PRNewswire/ — Webster Financial Corporation (NYSE: WBS), the holding company for Webster BankNA and its HSA Bank division, announced that its board of directors declared a quarterly cash dividend of $0.40 per share on its ordinary shares.
The dividend on the common shares will be payable May 27, 2022to shareholders registered in May 12, 2022.
On its Series F Preferred Shares, Webster declared a quarterly cash dividend of $328.125 per share ($0.328125 for each Custodian Share, of which 1,000 represents a Series F Preferred Share), payable June 15, 2022to shareholders of record on June 1, 2022.
On its Series G Preferred Shares, Webster declared a quarterly cash dividend of $16.25 per share ($0.40625 for each Custodian Share, 40 of which represent a Series G Preferred Share), payable July 15, 2022to shareholders of record on July 1, 2022.
Webster Financial Corporation (NYSE: WBS) is the holding company of Webster Bank, NA and its banking division HSA. Webster is a leading commercial bank in the North East offering a wide range of digital and traditional financial solutions across three distinct business lines: Commercial Banking, Consumer Banking and its HSA Bank division, one of nation’s largest benefits solutions providers. Based at Stamford, ConnecticutWebster is a values-driven organization with $65 billion in assets. Its primary footprint spans the northeastern United States, from New York for Massachusetts, with some companies operating in large geographic areas. 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 Webster’s website at www.websterbank.com.
SOURCE Webster Financial Corporation