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Washington Trust Bancorp, Inc. Announces Quarterly Dividend

The Board of Directors of Washington Trust Bancorp (NASDAQ: WASH) declared a quarterly dividend of 52 cents per share for the quarter ending June 30, 2021.

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

The Board of Directors of Washington Trust Bancorp (NASDAQ: WASH) declared a quarterly dividend of 52 cents per share for the quarter ending June 30, 2021. This dividend will be paid on July 9, 2021 to shareholders on record as of July 1, 2021. As of March 31, 2021, the company reported $5.7 billion in assets, highlighting its position as the oldest community bank in the U.S. and a leading financial services provider in the Northeast.

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Positive

  • Quarterly dividend of 52 cents per share.
  • Strong asset base of $5.7 billion as of March 31, 2021.

Negative

  • None.
Argus Session date unavailable
-1.94% session move Open Argus
Details

News Market Reaction – WASH

The recorded move for WASH in the trading session of this news was -1.94%.

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., June 17, 2021 /PRNewswire/ -- The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ: WASH), today declared a quarterly dividend of 52 cents per share for the quarter ending June 30, 2021.  The dividend will be paid July 9, 2021 to shareholders of record on July 1, 2021.

ABOUT WASHINGTON TRUST BANCORP, INC.
Washington Trust Bancorp, Inc., the parent of The Washington Trust Company, had $5.7 billion in assets as of March 31, 2021. 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:http://www.prnewswire.com/news-releases/washington-trust-bancorp-inc-announces-quarterly-dividend-301314914.html

SOURCE Washington Trust Bancorp, Inc.

FAQ

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

What is the dividend amount announced by Washington Trust Bancorp?

Washington Trust Bancorp announced a quarterly dividend of 52 cents per share.

When will the dividend be paid to shareholders?

The dividend will be paid on July 9, 2021, to shareholders of record on July 1, 2021.

What are the total assets of Washington Trust Bancorp as of March 31, 2021?

Washington Trust Bancorp reported total assets of $5.7 billion as of March 31, 2021.

What is the significance of Washington Trust Bancorp in the banking industry?

Washington Trust Bancorp is the oldest community bank in the U.S. and a major financial services provider in the Northeast.

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