Washington Trust declares dividend

WESTERLY, R.I. (PRNEWSWIRE) — Washington Trust Bancorp, Inc., the parent company of the Washington Trust Company, has declared a quarterly dividend of 12 cents per share for the quarter ending December 31. The dividend is payable January 12, 2001 to shareholders of record on January 8, 2001.

“The Year 2000 has been a terrific year for Washington Trust. We’ve achieved record earnings, successfully completed the acquisition of Phoenix Investment Management Company, and have increased our dividend for the eighth year in a row,” said John C. Warren, the company’s chairman and chief executive officer.

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