SPOKANE, Wash., Feb. 21, 2018 /PRNewswire/ -- W.T.B. Financial Corporation announced today that a quarterly cash dividend of $1.15 per Class A and B common share will be paid on March 16, 2018, to shareholders of record at the close of business on March 5, 2018.
The new quarterly dividend rate of $1.15 per common share represents an increase of $0.31 per share, or 37 percent compared to the prior dividend rate of $0.84 per share.
About W.T.B. Financial Corporation: Washington Trust Bank is the largest independently owned full-service commercial bank in the Northwest, serving the region since 1902. A wholly owned subsidiary of W.T.B. Financial Corporation, Washington Trust Bank has assets exceeding $6.2 billion. Headquartered in Spokane, Washington Trust currently has 43 branches and offices in Washington, Idaho, and Oregon. The bank employs over 950 people. Details can be found at https://www.watrust.com. The bank is also active on Facebook, Twitter, and Instagram.
SOURCE W.T.B. Financial Corporation