BRIDGEPORT, Conn., Jan. 20, 2022 /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 March
1, 2022. The dividend is payable on March 15, 2022, to shareholders of record at the
close of business on March 1,
2022.
People's United Financial, Inc., a diversified,
community-focused financial services company with approximately
$65 billion in total assets, offers
commercial and retail banking through a network of nearly 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.