Washington Trust Bancorp, Inc. (NASDAQ:WASH) announced a quarterly dividend on Friday, December 22nd, Wall Street Journal reports. Shareholders of record on Tuesday, January 2nd will be paid a dividend of 0.39 per share by the financial services provider on Friday, January 12th. This represents a $1.56 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend is Friday, December 29th.

Shares of Washington Trust Bancorp (NASDAQ:WASH) opened at $55.20 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 2.02. Washington Trust Bancorp has a 1-year low of $47.00 and a 1-year high of $59.10. The company has a market cap of $948.02, a PE ratio of 19.03 and a beta of 0.74.

Washington Trust Bancorp (NASDAQ:WASH) last issued its quarterly earnings data on Monday, October 23rd. The financial services provider reported $0.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.01. Washington Trust Bancorp had a net margin of 27.38% and a return on equity of 12.65%. The business had revenue of $47.34 million during the quarter.

Several brokerages have commented on WASH. Compass Point lowered shares of Washington Trust Bancorp from a “buy” rating to a “neutral” rating in a report on Tuesday, October 24th. BidaskClub raised shares of Washington Trust Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday.

In other Washington Trust Bancorp news, EVP James M. Hagerty sold 1,100 shares of the firm’s stock in a transaction that occurred on Wednesday, November 8th. The shares were sold at an average price of $53.21, for a total transaction of $58,531.00. Following the completion of the transaction, the executive vice president now owns 7,609 shares of the company’s stock, valued at $404,874.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John F. Treanor sold 5,500 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $55.94, for a total transaction of $307,670.00. The disclosure for this sale can be found here. Insiders have sold 11,451 shares of company stock valued at $633,870 in the last ninety days. Insiders own 2.58% of the company’s stock.

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About Washington Trust Bancorp

Washington Trust Bancorp, Inc is a bank holding company and financial holding company. The Company is a holding company of The Washington Trust Company, of Westerly (the Bank), a Rhode Island chartered commercial bank. The Company operates through two business segments: Commercial Banking and Wealth Management Services.

Dividend History for Washington Trust Bancorp (NASDAQ:WASH)

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