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Washington Trust Bancorp, Inc. Announces Quarterly Dividend

The Board of Directors of Washington Trust Bancorp, Inc. (NASDAQ: WASH) declared a quarterly dividend of 54 cents per share for the quarter ending March 31, 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

The Board of Directors of Washington Trust Bancorp, Inc. (NASDAQ: WASH) declared a quarterly dividend of 54 cents per share for the quarter ending March 31, 2022. This dividend will be paid on April 8, 2022 to shareholders of record as of April 1, 2022. The company, founded in 1800, reported $5.9 billion in assets as of December 31, 2021, and offers diverse financial services across Rhode Island, Connecticut, and Massachusetts.

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Positive

  • Quarterly dividend of 54 cents per share enhances income for shareholders.
  • Company maintains strong asset base of $5.9 billion.

Negative

  • None.
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-0.20% 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 -0.20%.

Data tracked by StockTitan Argus. Session date unavailable.

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WESTERLY, R.I., March 17, 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 March 31, 2022. The dividend will be paid April 8, 2022 to shareholders of record on April 1, 2022.

ABOUT WASHINGTON TRUST BANCORP, INC.

Washington Trust Bancorp, Inc., the parent of The Washington Trust Company, had $5.9 billion in assets as of December 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:https://www.prnewswire.com/news-releases/washington-trust-bancorp-inc-announces-quarterly-dividend-301505125.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, Inc.?

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

When is the dividend for Washington Trust Bancorp, Inc. payable?

The dividend will be paid on April 8, 2022.

What is the record date for the dividend payment by Washington Trust Bancorp, Inc.?

The record date for the dividend payment is April 1, 2022.

How much in assets does Washington Trust Bancorp, Inc. have?

Washington Trust Bancorp, Inc. has $5.9 billion in assets as of December 31, 2021.

What financial services does Washington Trust Bancorp, Inc. offer?

Washington Trust provides commercial banking, mortgage banking, personal banking, and wealth management and trust services.

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