Washington Trust Bancorp, Inc. Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Washington Trust Bancorp (NASDAQ: WASH) announced a quarterly dividend of $0.51 per share for the quarter ending September 30, 2020. This dividend will be paid on October 9, 2020 to shareholders of record as of October 1, 2020. Washington Trust Bancorp had $5.9 billion in assets as of June 30, 2020, making it the oldest community bank in the U.S. and the largest state-chartered bank in Rhode Island.

Positive

• Quarterly dividend increased to $0.51 per share.
• Strong asset base of $5.9 billion as of June 30, 2020.
• Established history as the oldest community bank.
• Largest state-chartered bank in Rhode Island.

Negative

• None.

News Market Reaction

-0.44%

1 alert

-0.44% News Effect

On the day this news was published, WASH declined 0.44%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

WESTERLY, R.I., Sept. 17, 2020 /PRNewswire/ -- The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ: WASH), today declared a quarterly dividend of $0.51 per share for the quarter ending September 30, 2020.  The dividend will be paid October 9, 2020 to shareholders of record on October 1, 2020.

ABOUT WASHINGTON TRUST BANCORP, INC.
Washington Trust Bancorp, Inc., the parent of The Washington Trust Company, had $5.9 billion in assets as of June 30, 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.

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SOURCE Washington Trust Bancorp, Inc.

FAQ

What is the dividend amount declared by Washington Trust Bancorp?

Washington Trust Bancorp declared a quarterly dividend of $0.51 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on October 9, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is October 1, 2020.

What were the assets of Washington Trust Bancorp as of June 30, 2020?

Washington Trust Bancorp had assets totaling $5.9 billion as of June 30, 2020.