PR Newswire | Jul 23, 2020 04:16PM EDT

07/23 15:15 CDT

People's United Financial Declares Cash Dividend on Preferred Stock BRIDGEPORT, Conn., July 23, 2020

BRIDGEPORT, Conn., July 23, 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 September 15, 2020 to shareholders of record at the close of business on September 1, 2020.

People's United Financial, Inc., a diversified, community-focused financial services company with over $61 billion in total assets, offers commercial and retail banking through a network of over 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine, as well as wealth management and insurance 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.