WATERBURY, Conn., July 20 /PRNewswire-FirstCall/ -- Webster Financial Corporation , 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.
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Webster declared a regular quarterly cash dividend of $0.01 per common share, payable on August 17, 2009 to shareholders of record on August 3, 2009.
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 September 15, 2009 to shareholders of record on September 1, 2009.
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $17.5 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 492 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., 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 http://www.websteronline.com/.
Media Contact Investor Contact Ed Steadham, 203-578-2287 Terry Mangan 203-578-2318 esteadham@websterbank.com tmangan@websterbank.com
Webster Financial Corporation
CONTACT: Media Contact, Ed Steadham, +1-203-578-2287,
esteadham@websterbank.com, or Investor Contact, Terry Mangan, +1-203-578-2318,
tmangan@websterbank.com
Web Site: http://www.websteronline.com/
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