WATERBURY, Conn.--(BUSINESS WIRE)--Oct. 20, 2003--Webster
Financial Corporation (NYSE: WBS), the holding company for Webster
Bank, announced today that its Board of Directors has declared a
regular quarterly cash dividend of $.21 per common share.
The dividend is payable on November 17, 2003, to shareholders of
record on November 3, 2003. This is the 65th consecutive quarterly
dividend since Webster first paid a dividend in 1987.
Webster Financial Corporation is the holding company for Webster
Bank and Webster Insurance. With $14.6 billion in assets, Webster
provides business and consumer banking, mortgage, insurance, trust and
investment services through 110 banking offices, 220 ATMs, a
Connecticut-based call center and the Internet. Webster Financial
Corporation is majority owner of Chicago-based Duff & Phelps, LLC, a
leader in financial advisory services. Webster Bank owns the
asset-based lending firm, Whitehall Business Credit Corporation, the
insurance premium finance company, Budget Installment Corp., Center
Capital Corporation, an equipment finance 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 website at
www.websteronline.com.
CONTACT: Webster Financial Corporation
Media:
Clark Finley, 203-578-2429
cfinley@websterbank.com
or
Investors:
Terry Mangan, 203-578-2318
tmangan@websterbank.com
SOURCE: Webster Financial Corporation