Washington Trust Bancorp, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Washington Trust Bancorp (NASDAQ: WASH) has announced its quarterly dividend declaration. The Board of Directors has approved a dividend of 56 cents per share for the quarter ending December 31, 2024. Shareholders who are on record as of January 2, 2025, will receive the dividend payment on January 15, 2025.

AI-generated analysis. Not financial advice.

Positive

• Maintains consistent dividend payment to shareholders
• Quarterly dividend of $0.56 per share demonstrates stable cash distribution

Negative

• None.

News Market Reaction – WASH

+3.12%

1 alert

+3.12% News Effect

On the day this news was published, WASH gained 3.12%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

WESTERLY, R.I., Dec. 19, 2024 /PRNewswire/ -- The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ: WASH), today declared a quarterly dividend of 56 cents per share for the quarter ending December 31, 2024. The dividend will be paid January 15, 2025 to shareholders of record on January 2, 2025.

ABOUT WASHINGTON TRUST BANCORP, INC.
Washington Trust Bancorp, Inc. ("the Corporation), NASDAQ: WASH, is the publicly-owned holding company of The Washington Trust Company ("Washington Trust", "the Bank"), with $7.1 billion in assets as of September 30, 2024. Founded in 1800, Washington Trust is recognized as 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 values its role as a community bank and is committed to helping the people, businesses, and organizations of New England improve their financial lives. The Bank offers a wide range of commercial banking, mortgage banking, personal banking and wealth management services through its offices in Rhode Island, Connecticut and Massachusetts and a full suite of convenient digital tools. Washington Trust is a member of the FDIC and an equal housing lender. For more information, visit the Corporation's website at ir.washtrust.com, or the Bank's website at www.washtrust.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/washington-trust-bancorp-inc-announces-quarterly-dividend-302336641.html

SOURCE Washington Trust Bancorp, Inc.

FAQ

What is Washington Trust Bancorp's dividend amount for Q4 2024?

Washington Trust Bancorp declared a quarterly dividend of 56 cents per share for Q4 2024.

When will WASH pay its Q4 2024 dividend?

The dividend will be paid on January 15, 2025.

What is the record date for Washington Trust's latest dividend?

The record date for the dividend is January 2, 2025.

How often does Washington Trust Bancorp (WASH) pay dividends?

Washington Trust Bancorp pays dividends on a quarterly basis.

What is the quarterly dividend frequency for WASH shareholders?

WASH shareholders receive dividend payments every quarter, with this payment covering the quarter ending December 31, 2024.