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WASH Washington Trust Bancorp dividend history, payout ratio & dates

Washington Trust Bancorp's last quarterly dividend payment of $0.54 per share was made to shareholders on record before Sep 30, 2022. The dividend payment stands at $2.16 per share annually, which equates to a dividend yield of 4.65%.

Key dates

  • WASH last dividend date: Sep 30, 2022
  • WASH next dividend date: Not announced
WASH dividend stats
DPS
$2.16
Dividend yield
4.65%
Payout ratio
49.8%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Washington Trust Bancorp current dividend yield

WASH has a dividend yield of 4.65% 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 2.95%, Washington Trust Bancorp's dividend yield is 58% higher. Historically WASH's dividend yield has averaged at 4.1% in the last 5 years, which is less than the current one.

Dividend history

What is WASH dividend payout history and dates

Washington Trust Bancorp has been paying dividends for the last 27 years. According to our records WASH has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 3.8% since one year ago. And with the stock price down by 14% from a year ago, the dividend yield marks an increase of 21%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Sep 30, 2022 Oct 7, 2022 Sep 15, 2022 $0.54 normal
Jun 30, 2022 Jul 8, 2022 Jun 16, 2022 $0.54 normal
Mar 31, 2022 Apr 8, 2022 Mar 17, 2022 $0.54 normal
Dec 31, 2021 Jan 7, 2022 Dec 16, 2021 $0.54 normal
Sep 30, 2021 Oct 8, 2021 Sep 16, 2021 $0.52 normal
Jun 30, 2021 Jul 9, 2021 Jun 17, 2021 $0.52 normal
Mar 31, 2021 Apr 9, 2021 Mar 18, 2021 $0.52 normal
Dec 31, 2020 Jan 8, 2021 Dec 17, 2020 $0.52 normal
Sep 30, 2020 Oct 9, 2020 Sep 17, 2020 $0.51 normal
Jun 30, 2020 Jul 10, 2020 Jun 18, 2020 $0.51 normal
Mar 31, 2020 Apr 9, 2020 Mar 19, 2020 $0.51 normal
Dec 31, 2019 Jan 10, 2020 Dec 19, 2019 $0.51 normal
Sep 30, 2019 Oct 11, 2019 Sep 19, 2019 $0.51 normal
Jun 28, 2019 Jul 12, 2019 Jun 20, 2019 $0.51 normal
Mar 29, 2019 Apr 12, 2019 Mar 21, 2019 $0.47 normal
Dec 31, 2018 Jan 11, 2019 Dec 20, 2018 $0.47 normal
Sep 28, 2018 Oct 12, 2018 Sep 20, 2018 $0.43 normal
Jun 29, 2018 Jul 13, 2018 Jun 21, 2018 $0.43 normal
Mar 29, 2018 Apr 13, 2018 Mar 15, 2018 $0.43 normal
Dec 29, 2017 Jan 12, 2018 Dec 21, 2017 $0.39 normal
Sep 29, 2017 Oct 13, 2017 Sep 21, 2017 $0.39 normal
Jun 29, 2017 Jul 14, 2017 Jun 15, 2017 $0.38 normal
Mar 30, 2017 Apr 13, 2017 Mar 16, 2017 $0.38 normal
Dec 28, 2016 Jan 13, 2017 Dec 15, 2016 $0.37 normal
Sep 29, 2016 Oct 14, 2016 Sep 15, 2016 $0.37 normal

Washington Trust Bancorp dividend payout ratio

What is Washington Trust Bancorp dividend payout ratio compared to the sector

Payout ratio

WASH has a payout ratio of 49.8% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 30.2%, Washington Trust Bancorp's payout ratio is 65% higher.

Total amount of dividends paid per financial year (from cash flow)

WASH dividend vs peer dividends

How does WASH dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
UNB Union Bankshares Inc 6.21% $1.4 49.5%
WASH Washington Trust Bancorp Inc 4.65% $2.16 49.8%
BRKL Brookline Bancorp Inc 4.38% $0.51 36.7%
WBS Webster Financial Corp 3.54% $1.6 51.8%
INDB Independent Bank Corp 2.7% $2.01 57.3%

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 is Washington Trust Bancorp's next dividend?

Currently WASH's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2022.

When was WASH's last dividend?

Washington Trust Bancorp's last dividend ex-date was on Sep 30, 2022. The dividend amount was $0.54 per share.

How much dividend does Washington Trust Bancorp pay (per share)?

On an annual basis WASH pays $2.16 per share.

What is Washington Trust Bancorp's dividend yield?

Currently Washington Trust Bancorp's dividend yield is 4.65%.

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 49.8%.

Does Washington Trust Bancorp pay a good dividend?

Washington Trust Bancorp's dividend yield is more than the Financial Services sector average.