Washington Trust Bancorp (WASH) will raise its quarterly dividend by 2.7 percent to $0.38 per share in 2017. This represents a one-cent per share increase over the most recent quarterly dividend rate. The next dividend will be paid April 13, 2017 to shareholders of record on April 3, 2017.

Washington Trust Bancorp, Inc. is the publicly-owned holding company of The Washington Trust Company. 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.