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Washington Trust Bancorp (WASH) Dividend Yield, Date & History

Washington Trust Bancorp logo
$31.72 +0.96 (+3.12%)
(As of 12/20/2024 05:17 PM ET)

Washington Trust Bancorp Dividend Summary

Dividend Yield
7.06%
Annual Dividend
$2.24
Next
Dividend Payment
Jan. 15
Dividend Increase
Track Record
13 Years
Annualized 3-Year
Dividend Growth
3.00%
Dividend Payout Ratio
83.90%

Washington Trust Bancorp (WASH) pays an annual dividend of $2.24 per share, with a dividend yield of 7.06%. The next quarterly payment of $0.56 per share is scheduled for Wednesday, January 15, to investors who own the stock before the ex-dividend date. WASH has grown its dividend for 13 consecutive years, with an average annual increase of 0.99%. The company currently pays out 83.90% of its earnings and 77.47% of its cash flow as dividends.

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WASH Dividend Payments by Quarter

The chart below displays up to four years of Washington Trust Bancorp's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

WASH Dividend Yield Over Time

The chart below tracks Washington Trust Bancorp's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Washington Trust Bancorp vs. The Competition

Compare Washington Trust Bancorp's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeWashington Trust BancorpFinance CompaniesNASDAQ Companies
Annual Dividend$2.24$0.02$1.31
Dividend Yield7.06%9.91%4.21%
Annualized 3-Year Dividend Growth3.00%12.89%14.22%
Track Record13 years17 years19 years

Washington Trust Bancorp Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings83.90%
Based on This Year's Estimate89.96%
Based on Next Year's Estimate86.15%
Based on Cashflow77.47%

Washington Trust Bancorp Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
12/19/2024quarterly$0.56 - 7.28%1/2/20251/15/2025
9/19/2024Quarterly$0.56 - 6.83%10/1/202410/1/202410/11/2024
6/20/2024Quarterly$0.56 - 8.76%7/1/20247/1/20247/12/2024
3/21/2024Quarterly$0.56 - 8.71%3/28/20244/1/20244/12/2024
12/22/2023Quarterly$0.56 - 6.66%12/29/20231/2/20241/12/2024
9/21/2023Quarterly$0.56 - 8.35%9/29/202310/2/202310/12/2023
6/15/2023Quarterly$0.56 - 7.99%6/30/20237/3/20237/13/2023
3/16/2023Quarterly$0.56 - 6.43%3/31/20234/3/20234/13/2023

This table shows Washington Trust Bancorp's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Washington Trust Bancorp Dividend - Frequently Asked Questions

The current dividend yield for Washington Trust Bancorp is 7.06%. Learn more on WASH's dividend yield history.

The annual dividend for WASH shares is $2.24. Learn more on WASH's annual dividend history.

Washington Trust Bancorp pays quarterly dividends to shareholders.

Washington Trust Bancorp's next quarterly dividend payment of $0.56 per share will be made to shareholders on Wednesday, January 15, 2025.

Washington Trust Bancorp's most recent quarterly dividend payment of $0.56 per share was made to shareholders on Friday, October 11, 2024.

Washington Trust Bancorp's next ex-dividend date is Friday, January 1, 2100.

Washington Trust Bancorp's most recent ex-dividend date was Tuesday, October 1, 2024.

Over the past three years, the company's dividend has grown by an average of 3.00% per year.

Washington Trust Bancorp has increased its dividend for the past 13 consecutive years.

The most recent change in the company's dividend was an increase of $0.02 on Thursday, December 15, 2022.

The dividend payout ratio for WASH is:
  • 83.90% based on the trailing year of earnings
  • 89.96% based on this year's estimates
  • 86.15% based on next year's estimates
  • 77.47% based on cash flow

Washington Trust Bancorp's dividend yield of 6.60% is lower than the average Finance company that issues a dividend. WASH has a dividend yield higher than 75% of all dividend-paying stocks 5.61, making it a leading dividend payer. The company's 13 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Washington Trust Bancorp's dividend payout ratio of 83.90% may not be sustainable.

Looking at the stock as a whole, market analysts rate Washington Trust Bancorp stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:WASH) was last updated on 12/21/2024 by MarketBeat.com Staff
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