Finance Fintech News

Webster Financial Corporation Declares Common and Preferred Dividends

Webster Financial Corporation Declares Common and Preferred Dividends

Webster Bank

Webster Financial Corporation, 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.

Fintech Insights: Leveraging the Power of Payments to Forge Better Employee Relations

On its Series F Preferred Stock, Webster declared a quarterly cash dividend of $328.125 per share ($0.328125 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 ($0.40625 per each depositary share, 40 of which represents one share of Series G Preferred Stock), payable January 15, 2023, to shareholders of record on December 31, 2023.

Read More About Fintech Interview: Global Fintech Interview with Andrey Korchak, CTO at Monite

[To share your insights with us, please write to  pghosh@itechseries.com ]

Related posts

Know Your Customer and CRIF Announce Strategic Investment And Global Commercial Partnership For Premium Corporate KYC

Fintech News Desk

Tokio Marine Kiln Selects Pega Platform to Improve Operational Efficiency

Fintech News Desk

Revolutionizing Business Banking: Introducing SprintNXT by PaySprint

Fintech News Desk
1