Waterbury regional bank holding company Webster Financial Corp., despite a narrowed fourth-quarter loss, announced today cash dividends will be paid, beginning next month, to common and preferred stockholders.
The parent of Webster Bank will pay a regular quarterly cash dividend of a penny a common share on Feb. 22 to stockholders of record on Feb. 8.
Webster’s board of directors also declared a dividend of $21.25 per share on its 8.50 percent Series A convertible preferred, payable on March 15 to shareholders of record on March 1.
Webster suffered a loss of $54.4 million, or 76 cents a share for the fourth quarter, compared with a loss of $307.6 million, or $5.91 a share, a year earlier.
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Webster has $17.7 billion in assets.
