On December 15, 2022, Washington Trust Bancorp (WASH) will raise its quarterly dividend by 3.7% to $0.56 per share. This marks 12 straight years of dividend growth for WASH. The dividend yield is 4.8% at a stock price of $47.15 and the ex-dividend date is December 30, 2022. In 2021 the dividend was hiked by 3.8%.

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.