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It Keeps Going,
and Going...
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Business New Haven
8/24/1998
By: Kristine Hansen
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WATERBURY - Webster Financial Corp. (NASDAQ: WBST) announced its 44th consecutively quarterly dividend of 11 cents per share of common stock. Record date is August 3, and payable date is August 17, 1998. The dividend was increased from ten to 11 cents in the first quarter and the corporation in April effected a two-for-one stock split. Webster offers banking and financial services to its customers and its Webster Bank is Connecticut's second-largest mortgage lender. Its stock closed at 28 1/2 on August 10, down 1 1/8.
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