Washington Trust Bancorp, Inc. Increases Quarterly Dividend

WESTERLY, R.I., Sept. 21, 2017 (GLOBE NEWSWIRE) -- The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ:WASH), today declared a quarterly dividend of 39 cents per share for the quarter ending September 30, 2017. This represents a one-cent per share increase over the most recent quarterly dividend rate, and the Company’s second dividend increase in 2017. The dividend will be paid October 13, 2017 to shareholders of record on October 2, 2017.

Washington Trust Bancorp, Inc. is the parent of The Washington Trust Company, with $4.4 billion in assets as of June 30, 2017. 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 www.washtrustbancorp.com.

Elizabeth B. Eckel
SVP, Marketing & Investor Relations

Source:Washington Trust Bancorp, Inc.