Webster Financial declares a $0.40 quarterly dividend, with stock rising post-announcement.

Webster Financial Co. announced a quarterly dividend of $0.40 per share, payable on November 12, 2024, to shareholders of record on November 1, 2024. The company has a payout ratio of 28.1% and a yield of 3.08%. Following the announcement, its stock rose by $0.45 to $51.94. In the last quarter, Webster reported earnings of $1.34 per share, slightly below expectations, and has a market cap of $8.91 billion.

October 22, 2024
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