Washington Trust Bancorp (WASH) will raise its quarterly dividend by 3.8 percent to 54 cents per share. This represents a two cent per share increase over the most recent quarterly dividend rate and the eleventh consecutive year with a dividend increase. The dividend will be paid January 7, 2022 to shareholders of record on January 3, 2022.

Washington Trust Bancorp 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.