CORRECTING and REPLACING Webster Financial Corporation Declares Common and Preferred Dividends
October 27 2023 - 5:40PM
Business Wire
Fourth paragraph of release dated October 24, 2023, should read:
... payable January 15, 2024 (instead of January 15, 2023).
The updated release reads:
WEBSTER FINANCIAL CORPORATION
DECLARES COMMON AND PREFERRED DIVIDENDS
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, 2024, 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231024854324/en/
Media Contact: Alice Ferreira, 203-578-2610
acferreira@websterbank.com
Investor Contact: Emlen Harmon, 212-309-7646
eharmon@websterbank.com
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