WESTERLY, R.I.--(BUSINESS WIRE)--
The Board of Directors of Washington
Trust Bancorp, Inc., (NASDAQ Global Select®; symbol:
WASH), today declared a quarterly dividend of 23 cents per share for the
quarter ending March 31, 2012. The dividend will be paid on April 13,
2012 to shareholders of record on March 30, 2012. The dividend is a one
cent increase over the amount paid in each of the previous four quarters.
“We’re pleased that our solid capital position has allowed us to
increase the cash dividend for our shareholders,” stated Joseph J.
MarcAurele, Washington Trust Chairman, President and Chief Executive
Officer. “We are committed to increasing shareholder value by expanding
our banking network and offering the best financial services in
southeastern New England.”
Washington Trust Bancorp, Inc. is the parent of The Washington Trust
Company, a state-chartered bank headquartered in Westerly, Rhode Island.
Founded in 1800, Washington Trust
is the oldest community bank in the nation and is the largest
independent bank headquartered in Rhode Island. Washington Trust offers
a full range of financial services, including commercial
business banking, personal
banking, and wealth
management and trust services through its offices located in Rhode
Island, southeastern Connecticut and eastern Massachusetts. The
Corporation’s common stock trades on The NASDAQ Global Select® Stock
Marketunder the symbol WASH. Investor information is
available on the Corporation’s web site: www.washtrust.com.
Washington Trust Bancorp, Inc.
Elizabeth B. Eckel, 401-348-1309
Vice President, Marketing
Source: Washington Trust Bancorp, Inc.