Webster Financial Corporation Declares Common and Preferred Dividends

Business Wire 22-Oct-2024 5:00 PM

Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A., 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 Nov. 12, 2024, to shareholders of record as of Nov. 1, 2024.

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 Dec. 16, 2024, to shareholders of record on Dec. 1, 2024.

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 represent one share of Series G Preferred Stock), payable Jan. 15, 2025, to shareholders of record on Dec. 31, 2024.

About Webster

Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. 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 Healthcare Financial Services, one of the country's largest providers of employee benefits and administration of medical insurance claim settlements solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with $79 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.

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