PR Newswire | Oct 22, 2020 04:16PM EDT

10/22 15:15 CDT

People's United Financial Declares Cash Dividend on Preferred Stock BRIDGEPORT, Conn., Oct. 22, 2020

BRIDGEPORT, Conn., Oct. 22, 2020 /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. The dividend is payable on December 15, 2020 to shareholders of record at the close of business on December 1, 2020.

People's United Financial, Inc., a diversified, community-focused financial services company with approximately $61 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.