Webster Financial Corporation Declares Preferred Dividend

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Webster Financial Corporation (NYSE: WBS) has announced a quarterly cash dividend of $16.25 per share on its Series G Preferred Stock, payable on April 18, 2022. Shareholders of record on April 8, 2022 will receive $0.40625 for each depositary share. Headquartered in Stamford, CT, Webster manages over $65 billion in assets and is a leading commercial bank in the Northeast, providing financial solutions through its Commercial and Consumer Banking sectors, alongside its HSA Bank division.

Positive

• Quarterly cash dividend of $16.25 per share strengthens shareholder returns.
• Company's strong asset base of over $65 billion demonstrates financial stability.

Negative

• None.

STAMFORD, Conn., April 1, 2022 /PRNewswire/ -- 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 on its Series G Preferred Stock, of $16.25 per share ($0.40625 per each depositary share), payable April 18, 2022, to shareholders of record on April 8, 2022.

About Webster Financial Corporation
Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, National Association and its HSA Bank division. Webster is a leading commercial bank in the Northeast that provides a wide range of financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and its HSA Bank division, which is one of the country's largest providers of employee benefits solutions. Headquartered in Stamford, CT, Webster is a values-guided organization with more than $65 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 

View original content:https://www.prnewswire.com/news-releases/webster-financial-corporation-declares-preferred-dividend-301516088.html

SOURCE Webster Financial Corporation

FAQ

What is the dividend amount for Webster Financial Corporation in April 2022?

The dividend amount is $16.25 per share.

When is the dividend payment date for WBS?

The dividend payment date is April 18, 2022.

Who is eligible for the WBS dividend?

Shareholders of record on April 8, 2022, are eligible for the dividend.