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Webster Financial Corporation Declares Common and Preferred Dividends

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Webster Financial Corporation declares quarterly cash dividends on common stock and preferred stock
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  • Webster Financial Corporation has declared a quarterly cash dividend of $0.40 per share on its common stock. The dividend is payable on November 13, 2023, to shareholders of record as of November 3, 2023. Webster also declared dividends on its Series F Preferred Stock and Series G Preferred Stock, with amounts of $328.125 per share and $16.25 per share respectively.
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STAMFORD, Conn.--(BUSINESS WIRE)-- Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock.

The dividend on common shares will be payable November 13, 2023, to shareholders of record as of November 3, 2023.

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 December 15, 2023, to shareholders of record on December 1, 2023.

On its Series G Preferred Stock, Webster declared a quarterly cash dividend of $16.25 per share ($0.40625 per each depositary share, 40 of which represents one share of Series G Preferred Stock), payable January 15, 2023, to shareholders of record on December 31, 2023.

About Webster

Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. and its HSA Bank Division. Webster is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and its HSA Bank division, one of the country’s largest providers of employee benefits solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with more than $70 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. 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 the Webster website at www.websterbank.com.

Media Contact:

Alice Ferreira, 203-578-2610

acferreira@websterbank.com

Investor Contact:

Emlen Harmon, 212-309-7646

eharmon@websterbank.com

Source: Webster Financial Corporation

FAQ

What is the dividend amount declared on Webster Financial Corporation's common stock?

The dividend declared on Webster Financial Corporation's common stock is $0.40 per share.

When will the dividend on Webster Financial Corporation's common stock be payable?

The dividend on Webster Financial Corporation's common stock will be payable on November 13, 2023.

What is the dividend amount declared on Webster Financial Corporation's Series F Preferred Stock?

The dividend declared on Webster Financial Corporation's Series F Preferred Stock is $328.125 per share.

When will the dividend on Webster Financial Corporation's Series F Preferred Stock be payable?

The dividend on Webster Financial Corporation's Series F Preferred Stock will be payable on December 15, 2023.

What is the dividend amount declared on Webster Financial Corporation's Series G Preferred Stock?

The dividend declared on Webster Financial Corporation's Series G Preferred Stock is $16.25 per share.

When will the dividend on Webster Financial Corporation's Series G Preferred Stock be payable?

The dividend on Webster Financial Corporation's Series G Preferred Stock will be payable on January 15, 2023.

Webster Financial Corporation Waterbury

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