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Washington Trust Bancorp (Washington Trust Bancorp) Forward Dividend Yield %

: 9.25% (As of Today)
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As of today (2024-04-17), the Forward Annual Dividend Yield of Washington Trust Bancorp is 9.25%.

As of today (2024-04-17), the Trailing Annual Dividend Yield of Washington Trust Bancorp is 9.25%.

WASH's Forward Dividend Yield % is ranked better than
93.5% of 1169 companies
in the Banks industry
Industry Median: 4.17 vs WASH: 9.25

Washington Trust Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.56.

During the past 12 months, Washington Trust Bancorp's average Dividends Per Share Growth Rate was 2.80% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 4.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Washington Trust Bancorp was 21.70% per year. The lowest was -12.60% per year. And the median was 8.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Banks - Regional subindustry, Washington Trust Bancorp's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Washington Trust Bancorp Forward Dividend Yield % Distribution

For the Banks industry and Financial Services sector, Washington Trust Bancorp's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Washington Trust Bancorp's Forward Dividend Yield % falls into.



Washington Trust Bancorp Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Washington Trust Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5602024-03-282024-04-012024-04-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.5602023-12-292024-01-022024-01-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.5602023-09-292023-10-022023-10-12Cash DividendquarterlyUSD:USD 1.000000
USD 0.5602023-06-302023-07-032023-07-13Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Washington Trust Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=2.24/24.25
=9.24 %

Current Share Price is $24.25.
Washington Trust Bancorp's Dividends per Share for the forward twelve months is calculated as $0.56 * 4 = $2.24.

Washington Trust Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=2.24/24.25
=9.24 %

Current Share Price is $24.25.
Washington Trust Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $2.24.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Washington Trust Bancorp  (NAS:WASH) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Washington Trust Bancorp Forward Dividend Yield % Related Terms

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Washington Trust Bancorp (Washington Trust Bancorp) Business Description

Traded in Other Exchanges
Address
23 Broad Street, Westerly, RI, USA, 02891
Washington Trust Bancorp Inc through its subsidiaries offers banking and financial services to individuals and businesses. It operates in two segments. The Commercial Banking segment includes lending activities, commercial loans, residential real estate loan deposit activities, and others. The Wealth Management Services segment consists of investment management, financial planning, personal trust, and estate services including services as trustee, personal representative, custodian and guardian, and settlement of decedents' estates. The bank generates a majority of its revenue from the Commercial Banking segment.
Executives
Mary E. Noons officer: SVP Retail Lending 37 WATCH HILL WAY, WAKEFIELD RI 02879
Rolando A Lora officer: EVP and Chief Retail Lend Off 140 STOW RD., HARVARD MA 01451
Howes Constance A director 253 FREEMAN PARKWAY, PROVIDENCE RI 02906
Edwin J Santos director 234 MOURNING DOVE DRIVE, SAUNDERSTOWN RI 02874
Kristen L Disanto officer: EVP Human Resources 23 BROAD STREET, WESTERLY RI 02891
Ronald S. Ohsberg officer: EVP and Treasurer 33 BELLE ISLE WAY, CRANSTON RI 02921
Dennis L Algiere officer: SVP Compliance & Comm Affairs
Jabbie Alimamy Dauda Jr. director 16 TECUMSEH STREET, PROVIDENCE RI 02906
Joseph P. Gencarella director 11 BLUEBILL AVE., APT. 604, NAPLES FL 34108
James M Hagerty officer: EVP & Chief Lending Officer 180 NATICK AVENUE, WARWICK RI 02886
Joseph J Marcaurele director, officer: Chairman and CEO 23 BROAD STREET, WESTERLY RI 02891
Lisa M. Stanton director 17064 CROSSGATE DRIVE, JUPITER FL 33477
Wray William K. Sr. officer: SVP Risk Management 71 CHURCH STREET, EAST GREENWICH RI 02818
Sandra Parrillo director 3 ROBIN WAY, NORTH SMITHFIELD RI 02896
Katherine W Hoxsie director