Webster Financial Corporation Announces Regular Quarterly Cash Dividend

Webster Financial Corporation, the holding company for Webster Bank, N.A., has declared a regular quarterly cash dividend of $0.25 per common share. This payment marks the 73rd consecutive quarterly dividend since the company first paid one in 1987. Shareholders of record on October 31, 2005, will receive the dividend on November 14, 2005. As a major financial institution, Webster offers a range of services, including business and consumer banking, mortgage, insurance, and investment services, through its 154 banking offices, 293 ATMs, telephone banking, and the Internet.

Key Takeaways:

• Webster Financial Corporation's board of directors has declared a regular quarterly cash dividend of $0.25 per common share.
• The dividend is payable on November 14, 2005, to shareholders of record on October 31, 2005.
• This dividend marks the 73rd consecutive quarterly dividend since Webster first paid a dividend in 1987.
• Webster Financial Corporation has $17.5 billion in assets and provides business and consumer banking, mortgage, insurance, and investment services through 154 banking offices, 293 ATMs, telephone banking, and the Internet.
• Webster owns the asset-based lending firm Webster Business Credit Corporation and the insurance premium finance company Budget Installment Corp.
• The company also provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank.

Statistics:

• The dividend is $0.25 per common share.
• The dividend is payable on November 14, 2005.
• The company has paid 73 consecutive quarterly dividends since 1987.
• Webster Financial Corporation has $17.5 billion in assets.
• The company has 154 banking offices.
• Webster has 293 ATMs.
• The company provides financial services through telephone banking and the Internet.

Sources:

• Webster Financial Corporation, PRNewswire-FirstCall, October 17, 2005
• Webster Bank, N.A.