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CEO: Washington Trust gaining momentum after leasebacks, selling low-yield assets

WESTERLY – Washington Trust Bancorp Inc.'s second-quarter surge, which saw a 22% increase in profit year-over-year, was the result of bold, but proactive and...
S&P 500 COMPANIES reported record dividend payouts of $124 billion in the second quarter. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

S&P 500 firms declared record dividend payouts last quarter

NEW YORK - One-third more S&P 500 companies boosted dividends in the second quarter compared to a year earlier, with record dividend payouts of $124...
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