WATERBURY, Conn., Jan. 26 /PRNewswire/ -- Webster Financial Corporation
(Nasdaq: WBST) announced today that it has declared a regular quarterly cash
dividend of $.11 per common share.
The dividend is payable on Feb. 22, 1999, to shareholders of record on
Feb. 8, 1998.
This is the 46th consecutive quarterly dividend since Webster first paid a
dividend in 1987.
Webster Financial Corporation, headquartered in Waterbury, Conn., is the
holding company for Webster Bank, which was founded in 1935. Webster Bank
delivers consumer, commercial, mortgage, insurance, and trust and investment
management services to individuals, families and businesses through a network
of more than 100 banking offices, three commercial banking centers, two
insurance offices, and more than 170 ATMs, in addition to telephone banking,
video banking and PC banking.
Webster Bank has the number one or number two deposit market share in its
primary markets of Hartford, New Haven and Litchfield counties. Webster is
also the second-largest mortgage lender in Connecticut and a leading, full-
service commercial lender. Webster Trust, the bank's trust and investment
management subsidiary, is the second-largest bank trust company based in
Connecticut. Webster's insurance subsidiary, Damman Insurance Associates, is
one of the largest agencies in the state.