Webster Financial

Owners of Webster Financial (NYSE: WBS) shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $28.00 as of 9:30 a.m. ET, the dividend yield is 2.1%.

The average volume for Webster Financial has been 684,300 shares per day over the past 30 days. Webster Financial has a market cap of $2.5 billion and is part of the banking industry. Shares are up 36.7% year to date as of the close of trading on Tuesday.

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Webster Financial Corporation operates as the holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses primarily in southern New England and Westchester County, New York. The company has a P/E ratio of 14.55.

TheStreet Ratings rates Webster Financial as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, growth in earnings per share, increase in net income and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full Webster Financial Ratings Report now.

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