Diamond Hill Capital, an investment management company, released its “Select Strategy” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. The portfolio appreciated double digits in Q1 outperforming the Russell 3000 Index. The strategy returned 12.66% gross of fees and 12.43% net of fees vs 10.02% for the index. The relative […]
Key Insights Significantly high institutional ownership implies Webster Financial's stock price is sensitive to their...
Webster Financial Corp (NYSE:WBS) has recently declared a dividend of $0.4 per share, scheduled for payout on May 16, 2024, with shareholders needing to own the stock by May 3, 2024, to be eligible. Through an in-depth analysis using GuruFocus data, this article will explore the sustainability and future prospects of Webster Financial Corp's dividends. Webster Financial Corp operates as a comprehensive financial services provider, focusing on commercial and consumer banking, along with mortgage, investment advisory, trust, and wealth management services.