WATERBURY, Conn.--(BUSINESS WIRE)--Oct. 19, 2004--Webster
Financial Corporation (NYSE:WBS), the holding company for Webster
Bank, N.A., announced today that its Board of Directors has declared a
regular quarterly cash dividend of $.23 per common share.
The dividend is payable on November 15, 2004, to shareholders of
record on November 1, 2004. This is the 69th consecutive quarterly
dividend since Webster first paid a dividend in 1987.
Webster Financial Corporation is the holding company for Webster
Bank, National Association and Webster Insurance. With $17 billion in
assets, Webster provides business and consumer banking, mortgage,
insurance, financial planning, trust and investment services through
148 banking offices, 273 ATMs, telephone banking and the Internet.
Webster Bank owns the asset-based lending firm Webster Business Credit
Corporation, the insurance premium finance company Budget Installment
Corp., and Center Capital Corporation, an equipment finance company
headquartered in Farmington, Connecticut.
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 Contact:
Meghan Thompson, 203-578-2287
mthompson@websterbank.com
or
Investors:
Terry Mangan, 203-578-2318
tmangan@websterbank.com
SOURCE: Webster Financial Corporation