Webster Financial Corporation Declares Common and Preferred Dividends
Webster Financial Corporation (NYSE:WBS) announced a quarterly cash dividend of $0.40 per share on common stock, payable on May 27, 2022, to shareholders of record by May 12, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Webster Financial Corporation (NYSE:WBS) announced a quarterly cash dividend of $0.40 per share on common stock, payable on May 27, 2022, to shareholders of record by May 12, 2022. Additionally, quarterly dividends were declared for Series F and G Preferred Stock, set at $328.125 and $16.25 per share, respectively. These will be payable on June 15, 2022, and July 15, 2022. Webster, headquartered in Stamford, CT, has assets of $65 billion and operates across the northeastern U.S., focusing on commercial and consumer banking solutions.
Positive
- Quarterly cash dividend of $0.40 per share reflects financial stability and shareholder return.
- Significant dividends declared for Series F and G Preferred Stock, enhancing attractiveness for preferred shareholders.
Negative
- None.
Details
News Market Reaction – WBS
The recorded move for WBS in the trading session of this news was +5.28%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
STAMFORD, Conn., April 28, 2022 /PRNewswire/ -- 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
The dividend on common shares will be payable May 27, 2022, to shareholders of record as of May 12, 2022.
On its Series F Preferred Stock, Webster declared a quarterly cash dividend of
On its Series G Preferred Stock, Webster declared a quarterly cash dividend of
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
Media Contact:
Alice Ferreira, 203-578-2610
acferreira@websterbank.com
Investor Contact:
Emlen Harmon, 212-309-7646
eharmon@websterbank.com
View original content:https://www.prnewswire.com/news-releases/webster-financial-corporation-declares-common-and-preferred-dividends-301535334.html
SOURCE Webster Financial Corporation
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.