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Washington Trust Bancorp, Inc. Announces Quarterly Dividend

Washington Trust Bancorp, Inc. (NASDAQ: WASH) has declared a quarterly dividend of 54 cents per share for the quarter ending September 30, 2022.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Washington Trust Bancorp, Inc. (NASDAQ: WASH) has declared a quarterly dividend of 54 cents per share for the quarter ending September 30, 2022. The payment date is set for October 7, 2022, with shareholders of record on October 3, 2022. Washington Trust reported assets totaling $6.0 billion as of June 30, 2022, confirming its position as the oldest community bank in the U.S. and the largest state-chartered bank in Rhode Island. The company provides diverse financial services across the Northeast.

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Positive

  • Declared a quarterly dividend of 54 cents per share, enhancing shareholder income.
  • Assets amount to $6.0 billion, indicating strong financial stability.

Negative

  • None.
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+1.31% session move Open Argus
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News Market Reaction – WASH

The recorded move for WASH in the trading session of this news was +1.31%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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WESTERLY, R.I., Sept. 15, 2022 /PRNewswire/ -- The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ: WASH), today declared a quarterly dividend of 54 cents per share for the quarter ending September 30, 2022.  The dividend will be paid October 7, 2022 to shareholders of record on October 3, 2022.

ABOUT WASHINGTON TRUST BANCORP, INC.  
Washington Trust Bancorp, Inc., the parent of The Washington Trust Company, had $6.0 billion in assets as of June 30, 2022. Founded in 1800, Washington Trust is the oldest community bank in the nation, the largest state-chartered bank headquartered in Rhode Island and one of the Northeast's premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Corporation's common stock trades on NASDAQ under the symbol WASH. Investor information is available on the Corporation's web site at ir.washtrust.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/washington-trust-bancorp-inc-announces-quarterly-dividend-301625636.html

SOURCE Washington Trust Bancorp, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Washington Trust Bancorp?

Washington Trust Bancorp declared a quarterly dividend of 54 cents per share.

When will the dividend be paid to shareholders of Washington Trust?

The dividend will be paid on October 7, 2022.

What is the record date for the dividend payment from Washington Trust?

The record date for the dividend payment is October 3, 2022.

How much in assets does Washington Trust Bancorp have?

As of June 30, 2022, Washington Trust Bancorp has $6.0 billion in assets.

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