Webster Financial Corporation 5.25% Series F Non-Cumulative Perpetual Preferred Stock

By: ,

Date Issued  12/5/2017

Shares Issued   6,000,000  Overallotment Shares  None

S&P Rating   BB-   Moodys Rating   Baa2


Security Ticker Symbol   WBS-F

Market Traded ON   NYSE

Dividend Payment Paid on the 15th of March, June, September and December beginning on 03/15/2018

Quarterly Dividend   .328   Annual Dividend   1.312

Securities may be redeemed, at the issuers option, as early as 12/15/2022 for a redemption price of $25/share plus accrued dividends


Dividend Payment Will Likely be a Qualified Distribution

Maturity Date   None


Company Investor Relations Page for Webster Financial Corp

Click here to find the offering Prospectus and Final Pricing Document


Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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