WATERBURY, Conn., April 19, 2010 /PRNewswire via COMTEX/ --Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced that its Board of Directors today declared cash dividends on its common shares and its 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock.
Webster declared a regular quarterly cash dividend of $0.01 per common share, payable on May 17, 2010 to shareholders of record on May 3, 2010.
Webster also declared a regular quarterly cash dividend of $21.25 per share on its 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock, payable on June 15, 2010 to shareholders of record on June 1, 2010.
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $17.7 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 501 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, Center Capital Corporation, an equipment finance company headquartered in Farmington, Conn., and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and 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.
Media Contact Investor Contact
Ed Steadham Terry Mangan
203-578-2287 203-578-2318
esteadham@websterbank.com tmangan@websterbank.com
SOURCE Webster Financial Corporation