Washington Trust Bancorp, Inc. Increases Dividend

WESTERLY, R.I., Sept. 18, 2014 (GLOBE NEWSWIRE) -- The Board of Directors of Washington Trust Bancorp, Inc., (Nasdaq:WASH), today declared a quarterly dividend of 32 cents per share for the quarter ending September 30, 2014. This represents a three-cent increase over the dividend paid in the previous quarter and is the Corporation's third dividend increase in the past year. The dividend will be paid October 15, 2014 to shareholders of record on October 1, 2014.

Washington Trust Bancorp, Inc. is the parent of The Washington Trust Company, a state-chartered bank headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is the oldest community bank in the nation and is the largest independent bank headquartered in Rhode Island. Washington Trust offers a full range of financial services, including commercial banking, small business banking, personal banking, and wealth management and trust services through its offices located in Rhode Island, southeastern Connecticut and eastern Massachusetts. The Corporation's common stock trades on The NASDAQ OMX® under the symbol WASH. Investor information is available on the Corporation's web site: www.washtrust.com.

CONTACT: Elizabeth B. Eckel Senior Vice President, Marketing & Investor Relations (401) 348-1309 ebeckel@washtrust.com

Source:The Washington Trust Company