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Webster Financial Corporation Declares Dividend

WATERBURY, Conn., Jan. 30, 2013 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that its Board of Directors had declared a quarterly cash dividend of $.10 on its common stock.

The dividend on the common shares will be payable on February 26, 2013, to shareholders of record on February 12, 2013.

Webster also declared a regular quarterly cash dividend of $21.25 per share on its Series A Convertible Preferred Stock, payable on March 15, 2013, to shareholders of record on March 1, 2013.

On its Series E Preferred Stock, Webster declared a quarterly cash dividend of $448.88889 per share ($0.448889 per each depositary share, 1,000 of which represent one share of Series E preferred stock), payable on March 15, 2013, to shareholders of record on March 1, 2013.

About Webster

Webster Financial Corporation is the holding company for Webster Bank, National Association. With $20 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 168 banking offices, 294 ATMs, telephone banking, mobile banking, and the Internet. Webster Bank owns the asset based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; 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:

Bob Guenther, 203-578-2391

Terry Mangan, 203-578-2318

rguenther@websterbank.com

tmangan@websterbank.com

 

SOURCE Webster Financial Corporation