Waterbury-based Webster Financial Corp., the holding company for Webster Bank, which operates 166 branches including throughout Fairfield County, announced a second-quarter cash dividend of 20 cents per share of its common stock.
The dividend on the common shares will be payable Aug. 25 to shareholders of record on Aug. 11. The bank”™s board of directors approved the figures and made the announcement.
Webster also declared a regular quarterly cash dividend of $21.25 per share on its Series A convertible preferred stock, payable Sept. 15 to shareholders of record on Sept. 1
On its Series E preferred stock, Webster declared a quarterly cash dividend of $400 per share (40 cents per depositary share, 1,000 of which represent one share of Series E preferred stock), payable Sept. 15 to shareholders of record on Sept. 2.
Webster owns the asset-based lending firm Webster Business Credit Corp. and the equipment-finance firm Webster Capital Finance Corp. It also provides health savings account trustee and administrative services through Wisconsin-based HAS Bank.
