Washington Trust Bancorp, Inc. Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Washington Trust Bancorp, Inc. (NASDAQ: WASH) has declared a quarterly dividend of $0.51 per share for the quarter ending June 30, 2020. This dividend will be paid on July 10, 2020 to shareholders of record as of July 1, 2020. As of March 31, 2020, Washington Trust Bancorp reported $5.6 billion in assets, highlighting its stability as the oldest community bank in the U.S. and a leading financial services provider in the Northeast.

Positive

• Quarterly dividend of $0.51 strengthens investor confidence.
• Company reported $5.6 billion in assets as of March 31, 2020.

Negative

• None.

WESTERLY, R.I., June 18, 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 June 30, 2020.  The dividend will be paid July 10, 2020 to shareholders of record on July 1, 2020.

ABOUT WASHINGTON TRUST BANCORP, INC.
Washington Trust Bancorp, Inc., the parent of The Washington Trust Company, had $5.6 billion in assets as of March 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.

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SOURCE Washington Trust Bancorp, Inc.

FAQ

What is the dividend amount for Washington Trust Bancorp (WASH)?

The dividend amount declared is $0.51 per share.

When will Washington Trust Bancorp's dividend be paid?

The dividend will be paid on July 10, 2020.

What is the record date for the dividend payout from Washington Trust Bancorp?

The record date for the dividend payout is July 1, 2020.

How much in assets does Washington Trust Bancorp have?

Washington Trust Bancorp reported $5.6 billion in assets as of March 31, 2020.

Is Washington Trust Bancorp (WASH) a stable investment?

Yes, it is the oldest community bank in the U.S. with a strong asset base.