BRIDGEPORT, Conn., Oct. 21,
2021 /PRNewswire/ -- People's United Financial, Inc.
(NASDAQ: PBCT) today announced that its Board of Directors declared
a quarterly cash dividend of $0.3515625 per share on the Company's
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock,
subject to and conditioned upon the effective time of the merger
between the Company and M&T Bank Corporation not occurring
prior to the close of business on December
1, 2021. The dividend is payable on December 15, 2021 to shareholders of record at
the close of business on December 1,
2021.
People's United Financial, Inc., a diversified,
community-focused financial services company with over $63 billion in total assets, offers commercial
and retail banking through a network of more than 400 retail
locations in Connecticut,
New York, Massachusetts, Vermont, New
Hampshire and Maine, as
well as wealth management solutions. The company also provides
specialized commercial services to customers nationwide.
Access Information About People's United
Financial at www.peoples.com.
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SOURCE People's United Financial, Inc.