People's United Financial Declares Cash Dividend on Preferred Stock

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People's United Financial, Inc. (NASDAQ: PBCT) announced a quarterly cash dividend of $0.3515625 per share on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock. The dividend is set to be paid on September 15, 2021, to shareholders on record as of September 1, 2021. With over $63 billion in total assets, People's United offers a variety of financial services across six states in New England, reflecting its commitment to community-focused banking.

Positive

• Quarterly cash dividend of $0.3515625 per share for shareholders.
• Company's total assets exceed $63 billion, indicating strong financial stability.

Negative

• None.

BRIDGEPORT, Conn., July 15, 2021 /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 September 15, 2021 to shareholders of record at the close of business on September 1, 2021.

People's United Financial, Inc., a diversified, community-focused financial services company with over $63 billion in total assets, offers commercial and retail banking through a network of more than 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine, as well as wealth management solutions. The company also provides specialized commercial services to customers nationwide.

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

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SOURCE People's United Financial, Inc.