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The board of directors of Washington Trust Bancorp Inc. has announced a third-quarter dividend of 24 cents a share to be paid on Oct. 12 to shareholders of record on Oct. 1.
"This dividend increase reflects Washington Trust's solid capital position, our strong year-to-date performance, and our commitment to our shareholders," said Joseph J. MarcAurele, the bank's chairman, president and chief executive officer.
Washington Trust Bancorp Inc. is the parent of The Washington Trust Company, a state-chartered bank headquartered in Westerly.
The company's common stock trades on Nasdaq under the symbol WASH. Visit www.washtrust.com.