Webster Financial Corporation (WBS) Ex-Dividend Date Scheduled for May 02, 2013


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Webster Financial Corporation ( WBS ) will begin trading ex-dividend on May 02, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on May 20, 2013. Shareholders who purchased WBS stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 50% increase over the prior quarter. At the current stock price of $23.37, the dividend yield is 2.57%.

The previous trading day's last sale of WBS was $23.37, representing a -6.45% decrease from the 52 week high of $24.98 and a 23.78% increase over the 52 week low of $18.88.

WBS is a part of the Finance sector, which includes companies such as Wells Fargo & Company ( WFC ) and J P Morgan Chase & Co ( JPM ). WBS's current earnings per share, an indicator of a company's profitability, is $1.88. Zacks Investment Research reports WBS's forecasted earnings growth in 2013 as -.25%, compared to an industry average of 4%.

For more information on the declaration, record and payment dates, visit the WBS Dividend History page.

Interested in gaining exposure to WBS through an Exchange Traded Fund [ETF]?
The following ETF(s) have WBS as a top-10 holding:

  • PowerShares KBW Regional Banking Portfolio ETF ( KBWR )
  • SPDR S&P Regional Banking ETF ( KRE ).

The top-performing ETF of this group is KRE with an increase of 13.45% over the last 100 days. KBWR has the highest percent weighting of WBS at 2.53%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines Stocks
Referenced Stocks: JPM , KBWR , KRE , WBS , WFC

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