The Board of Directors of Washington Trust Bancorp, Inc., has declared a quarterly dividend of 14 cents per share for the quarter ending March 31, 2002.
The dividend is payable April 15, 2002 to shareholders of record on April 4, 2002. The dividend is a 7.7 percent increase over the 13 cents per share paid in each of the previous four quarters.
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“We’re pleased to announce a dividend increase for our shareholders — our tenth consecutive year of dividend increases,” said John C. Warren, chairman and chief executive officer of Washington Trust.
Washington Trust Bancorp, Inc. is the parent company of The Washington Trust Company, a Rhode Island chartered community bank founded in 1800. More information is available on the Internet at http://www.washtrust.com.
