WASH Washington Trust Bancorp dividend history, payout ratio & dates
Washington Trust Bancorp's last dividend payment of $0.56 per share was made to shareholders on record before Oct 1, 2024. The dividend payment stands at $2.24 per share annually, which equates to a dividend yield of 6.38%.
Key dates
- WASH last dividend date: Oct 1, 2024
WASH dividend stats
vs. Financial Services sector
Dividend yield
WASH has a dividend yield of 6.38% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.78%, Washington Trust Bancorp's dividend yield is 129% higher. Historically WASH's dividend yield has averaged at 5.7% in the last 5 years, which is less than the current one.
Dividend history
Washington Trust Bancorp has been paying dividends for the last 29 years. According to our records WASH has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. However with the stock price up by 61% from a year ago, the dividend yield marks a decrease of 38%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 1, 2024 | $0.56 | 7.34% |
| Jul 1, 2024 | $0.56 | 8.49% |
| Mar 28, 2024 | $0.56 | 8.33% |
| Dec 29, 2023 | $0.56 | 6.92% |
| Sep 29, 2023 | $0.56 | 8.51% |
| Jun 30, 2023 | $0.56 | 8.28% |
| Mar 31, 2023 | $0.56 | 6.35% |
| Dec 30, 2022 | $0.56 | 4.62% |
| Sep 30, 2022 | $0.54 | 4.65% |
| Jun 30, 2022 | $0.54 | 4.42% |
| Mar 31, 2022 | $0.54 | 4.04% |
| Dec 31, 2021 | $0.54 | 3.73% |
| Sep 30, 2021 | $0.52 | 3.93% |
| Jun 30, 2021 | $0.52 | 4.03% |
| Mar 31, 2021 | $0.52 | 3.99% |
| Dec 31, 2020 | $0.52 | 4.58% |
| Sep 30, 2020 | $0.51 | 6.65% |
| Jun 30, 2020 | $0.51 | 6.23% |
| Mar 31, 2020 | $0.51 | 5.58% |
| Dec 31, 2019 | $0.51 | 3.72% |
| Sep 30, 2019 | $0.51 | 4.06% |
| Jun 28, 2019 | $0.51 | 3.6% |
| Mar 29, 2019 | $0.47 | 3.74% |
| Dec 31, 2018 | $0.47 | 3.7% |
| Sep 28, 2018 | $0.43 | 3.04% |
| Jun 29, 2018 | $0.43 | 2.82% |
| Mar 29, 2018 | $0.43 | 2.96% |
| Dec 29, 2017 | $0.39 | 2.89% |
| Sep 29, 2017 | $0.39 | 2.66% |
| Jun 29, 2017 | $0.38 | 2.85% |
| Mar 30, 2017 | $0.38 | 2.94% |
| Dec 28, 2016 | $0.37 | 2.61% |
| Sep 29, 2016 | $0.37 | 3.58% |
| Jun 29, 2016 | $0.36 | 3.78% |
| Mar 30, 2016 | $0.36 | 3.67% |
| Dec 30, 2015 | $0.34 | 3.36% |
| Sep 29, 2015 | $0.34 | 3.51% |
| Jun 29, 2015 | $0.34 | 3.34% |
| Mar 30, 2015 | $0.34 | 3.32% |
Washington Trust Bancorp dividend payout ratio
Payout ratio
WASH has a payout ratio of 83.6% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.2%, Washington Trust Bancorp's payout ratio is 94% higher.
Total amount of dividends paid per financial year (from cash flow)
WASH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 6.29% | $2.24 | 83.6% |
| UNB Union Bankshares Inc | 4.9% | $1.44 | 64.9% |
| BRKL Brookline Bancorp Inc | 4.71% | $0.54 | 62.8% |
| INDB Independent Bank Corp | 3.52% | $2.26 | 45.5% |
| WBS Webster Financial Corp | 3.03% | $1.6 | 34.7% |
| EBTC Enterprise Bancorp Inc | 2.92% | $0.95 | 32.9% |
Frequently asked questions
Does Washington Trust Bancorp pay a dividend?
Yes, Washington Trust Bancorp has paid four dividends in the last 12 months. WASH has been paying dividends since 1995.
When was WASH's last dividend?
Washington Trust Bancorp's last dividend ex-date was on Oct 1, 2024. The dividend amount was $0.56 per share.
How much dividend does Washington Trust Bancorp pay (per share)?
On an annual basis WASH pays $2.24 per share.
What is Washington Trust Bancorp's dividend yield?
Currently Washington Trust Bancorp's dividend yield is 6.38%.
How often does Washington Trust Bancorp pay dividends?
Washington Trust Bancorp pays dividends quarterly.
What is Washington Trust Bancorp's dividend payout ratio?
Washington Trust Bancorp's dividend payout ratio is 83.6%.
Does Washington Trust Bancorp pay a good dividend?
Washington Trust Bancorp's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.