Washington Trust Bancorp, Inc. (WASH) To Go Ex-Dividend on December 29th
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.
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.
WARNING: “Washington Trust Bancorp, Inc. (WASH) To Go Ex-Dividend on December 29th” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another site, it was copied illegally and republished in violation of US & international trademark & copyright law. The correct version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/12/24/washington-trust-bancorp-inc-wash-to-go-ex-dividend-on-december-29th.html.
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.
Receive News & Ratings for Washington Trust Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Washington Trust Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.