Washington Trust Bancorp, Inc. Announces Quarterly Dividend

(Neutral)

Rhea-AI Summary

The Board of Directors of Washington Trust Bancorp has declared a quarterly dividend of $0.52 per share for the quarter ending March 31, 2021. The dividend is set to be paid on April 9, 2021 to shareholders on record as of April 1, 2021. As of December 31, 2020, the company reported $5.7 billion in assets, solidifying its status as the oldest community bank in the nation and the largest state-chartered bank in Rhode Island.

Positive

Quarterly dividend declared at $0.52 per share, signaling strong financial health.
Company assets reported at $5.7 billion as of December 31, 2020.

Negative

None.

News Market Reaction – WASH

+0.96%

+0.96% Session move

In the trading session that priced this news, WASH gained 0.96%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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

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03/18/2021 - 01:00 PM

WESTERLY, R.I., March 18, 2021 /PRNewswire/ -- The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ: WASH), today declared a quarterly dividend of $0.52 cents per share for the quarter ending March 31, 2021. The dividend will be paid April 9, 2021 to shareholders of record on April 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 December 31, 2020. 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.

View original content to download multimedia:http://www.prnewswire.com/news-releases/washington-trust-bancorp-inc-announces-quarterly-dividend-301250400.html

SOURCE Washington Trust Bancorp, Inc.

FAQ

What is the quarterly dividend amount declared by Washington Trust Bancorp?

Washington Trust Bancorp declared a quarterly dividend of $0.52 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on April 9, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is April 1, 2021.

What financial status did Washington Trust Bancorp report as of December 31, 2020?

Washington Trust Bancorp reported assets of $5.7 billion as of December 31, 2020.