CORRECTING and REPLACING Webster Financial Corporation Declares Common and Preferred Dividends
Webster Financial Corporation (NYSE:WBS) has declared dividends for its common stock and preferred stock. The quarterly cash dividend for common shares is $0.40 per share and will be payable on November 13, 2023. The dividend for Series F Preferred Stock is $328.125 per share and will be payable on December 15, 2023. The dividend for Series G Preferred Stock is $16.25 per share and will be payable on January 15, 2024.
Positive
Webster Financial Corporation has declared dividends for its common stock and preferred stock, which could positively impact the stock price. The quarterly cash dividend for common shares is $0.40 per share, providing potential income for investors. The dividend for Series F Preferred Stock is $328.125 per share, offering a significant return for shareholders. The dividend for Series G Preferred Stock is $16.25 per share, providing additional income for investors.
10/24/2023 - 05:30 PM
STAMFORD, Conn. --(BUSINESS WIRE)--
Fourth paragraph of release dated October 24, 2023, should read: ... payable January 15, 2024 (instead of January 15, 2023).
The updated release reads:
WEBSTER FINANCIAL CORPORATION DECLARES COMMON AND PREFERRED DIVIDENDS
Webster Financial Corporation (NYSE:WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced that its Board of Directors declared a quarterly cash dividend of $0.40 per share on its common stock.
The dividend on common shares will be payable November 13, 2023, to shareholders of record as of November 3, 2023.
On its Series F Preferred Stock, Webster declared a quarterly cash dividend of $328.12 5 per share ($0.32 8125 per each depositary share, 1,000 of which represent one share of Series F Preferred Stock), payable December 15, 2023, to shareholders of record on December 1, 2023.
On its Series G Preferred Stock, Webster declared a quarterly cash dividend of $16.25 per share ($0.40 625 per each depositary share, 40 of which represents one share of Series G Preferred Stock), payable January 15, 2024, to shareholders of record on December 31, 2023.
About Webster
Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. and its HSA Bank Division. Webster is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and its HSA Bank division, one of the country’s largest providers of employee benefits solutions. Headquartered in Stamford, CT , Webster is a values-driven organization with more than $70 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts , with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an 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 .
View source version on businesswire.com: https://www.businesswire.com/news/home/20231024854324/en/
Media Contact:
Alice Ferreira, 203-578-2610
acferreira@websterbank.com
Investor Contact:
Emlen Harmon, 212-309-7646
eharmon@websterbank.com
Source: Webster Financial Corporation
What dividends has Webster Financial Corporation declared?
Webster Financial Corporation has declared dividends for its common stock, Series F Preferred Stock, and Series G Preferred Stock.
When will the dividend for common shares be payable?
The dividend for common shares will be payable on November 13, 2023.
What is the dividend amount for Series F Preferred Stock?
The dividend for Series F Preferred Stock is $328.125 per share.
When will the dividend for Series G Preferred Stock be payable?
The dividend for Series G Preferred Stock will be payable on January 15, 2024.
WBS Rankings
#3963 Ranked by Stock Gains
WBS Stock Data
Industry
Commercial Banking
Sector
Finance and Insurance
Tags
Finance, Savings Banks, Finance and Insurance, Commercial Banking
Country
US
City
Waterbury
About WBS
at webster, living up to you ™ is a promise we make to our customers and communities every day. it’s a promise to understand what matters most to them - and provide the solutions they need to achieve it. it’s about putting people first - helping individuals, families and businesses to reach their financial goals and build rewarding lives. and it’s acting with responsibility, respect, ethical behavior, citizenship and teamwork -- the values webster was founded on in 1935. we call these values the webster way. they bring us together, and set us apart. webster bank., n.a., member fdic. equal housing lender. © 2016 webster financial corporation. all rights reserved.