The board of directors of Westerly-based Washington Trust Bancorp Inc. announced a quarterly dividend of 17 cents per share for the quarter ending March 31. This rise represents an increase from the previous quarterly dividend of 16 cents per share.
“This dividend declaration represents our 12th consecutive year of dividend increases, and our third dividend increase since the beginning of 2003,” said John C. Warren, chairman and CEO of Washington Trust.
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Washington Trust Bancorp Inc. is the parent company of The Washington Trust Co., a Rhode Island-chartered community bank founded in 1800.
