WATERBURY, Conn.--(BUSINESS WIRE)--Oct. 22, 2002--Webster
Financial Corporation (NYSE: WBS), the holding company for Webster
Bank, announced today that it has declared a regular quarterly cash
dividend of $.19 per common share.
The dividend is payable on November 18, 2002, to shareholders of
record on November 4, 2002. This is the 60th consecutive quarterly
dividend Webster first paid a dividend in 1987.
Webster Financial Corporation is the holding company for Webster
Bank and Webster Insurance. With $13 billion in assets,
Connecticut-based Webster Bank provides business and consumer banking,
mortgage, insurance, trust and investment services through more than
108 banking offices, 214 ATMs and the Internet (www.websteronline.com)
Webster Financial Corporation is majority owner of Chicago-based Duff
& Phelps, LLC, a leader in financial advisory services, and Webster
Bank owns Center Capital Corporation, an equipment leasing and
financing company headquartered in Farmington, Connecticut and Webster
Trust Company, N.A.
For more information about Webster, including past press releases
and the latest Annual Report, visit the Webster Bank web site at
www.websteronline.com.
CONTACT:
Webster Financial Corporation, Waterbury
Media:
Art House, 203/578-2391
ahouse@websterbank.com
Investors:
James M. Sitro, 203/578-2399
jsitro@websterbank.com