Washington Trust Bancorp, Inc.
WASHFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
5.98%
Annual Dividend
$2.24
Payout Ratio
78%
5-Yr Growth
1.8%
Ex-Date
Oct 1, 2026
Frequency
Quarterly
Key facts about WASH's dividend
Data as of · Source: SmarterDividends data
- As of Oct 8, 2026, Washington Trust Bancorp, Inc. (WASH) has a forward dividend yield of 5.98%, based on an annual dividend of $2.24 per share and a share price of $37.44.
- As of Oct 8, 2026, WASH's dividend safety grade from SmarterDividends is A (92 out of 100), which rates the dividend as very safe.
- WASH last cut its regular dividend in 1991.
- WASH's most recent ex-dividend date was Oct 1, 2026, for a dividend of $0.56 per share.
- As of Oct 8, 2026, WASH pays out 78% of its trailing 12-month earnings as dividends (its payout ratio).
- WASH's dividend has grown at an average rate of 1.8% a year over the past five years.
- As of Oct 8, 2026, SmarterDividends' blended fair-value estimate for WASH is $62.50 per share, 67% above the $37.44 share price, so WASH screens as undervalued.
- Washington Trust Bancorp, Inc. (WASH) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "WASH Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 8, 2026, https://smarterdividends.com/stocks/WASH
Summary
As of Oct 8, 2026, Washington Trust Bancorp, Inc. (WASH) yields 5.98% ($2.24 a year per share) and has a dividend safety grade of A (92/100).
Is WASH a good dividend stock?
YesWashington Trust Bancorp, Inc. (WASH) pays a quarterly dividend yielding 5.98% ($2.24/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Top-tier dividend safety score
Risks
- Cut its dividend in 1991
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 5.98%
- Payout Ratio
- 78%
- Annual Dividend
- $2.24
- 5-Yr Avg Growth
- 1.8%
- Ex-Dividend Date
- Oct 1, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.72
- Market Cap
- $714.1M
- P/E Ratio
- 13.0
- 5-Yr Total Return
- -30%
- 52-Week Range
- $25.23 – $40.54
- Dividend Safety
- A · 92/100
- Ever Cut?
- Yes (1991)
Frequently Asked Questions
Is WASH a good dividend stock?
Yes. Washington Trust Bancorp, Inc. (WASH) pays a quarterly dividend yielding 5.98% ($2.24/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is WASH undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, WASH's fair value is about $62.50 versus a $37.44 share price — so it looks undervalued (+67% vs. fair value).
Is WASH's dividend safe?
WASH has a dividend-safety grade of A (92/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 1991, debt and yield-versus-history.
What is WASH's fair value?
Our blended fair-value estimate for WASH is about $62.50 per share, roughly 67% above the current $37.44 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is WASH a buy, hold, or sell?
We don't issue formal ratings, but on the data WASH screens as "yes" and undervalued. Washington Trust Bancorp, Inc. (WASH) pays a quarterly dividend yielding 5.98% ($2.24/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will WASH cut its dividend?
WASH earns a dividend-safety grade of A (92/100), and has cut its dividend before (last in 1991). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does WASH pay a dividend?
Yes. Washington Trust Bancorp, Inc. pays a quarterly dividend of about $2.24 per share annually, a forward yield of roughly 5.98%.
What is WASH's dividend yield?
As of Oct 8, 2026, WASH's forward dividend yield is 5.98%, based on a $2.24 annual dividend and a $37.44 share price.
What is WASH's dividend per share?
As of Oct 8, 2026, WASH pays $2.24 per share per year, distributed on a quarterly basis.
What is WASH's dividend payout ratio?
As of Oct 8, 2026, WASH's payout ratio is 78% of trailing 12-month earnings — a moderate level that's generally sustainable.
How many years has WASH grown its dividend?
WASH does not currently have a long dividend-growth streak on record.
When is the next WASH ex-dividend date?
As of Oct 8, 2026, WASH's next ex-dividend date hasn't been announced. The most recent was Oct 1, 2026, for $0.56 per share.
WASH Price — Last 12 Months
Daily close
Price Return
1 Year
+41%
3 Years
+66%
5 Years
-30%
52-Week Range
$25.23 – $40.54
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WASH worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Washington Trust Bancorp, Inc. is $62.50 per share, versus a market price of $37.44. That implies 67% of upside — a margin of safety of about 40%.
Fair Value
$62.50
Current Price
$37.44
Upside
+67%
Margin of Safety
40%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.0% discount rate (CAPM), 8.4% growth for five years fading to 2.5% over the next five, $2.89 EPS, $2.24 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WASH Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full WASH dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Oct 1, 2026 | Oct 9, 2026 | $0.5600 | regular |
| Jul 1, 2026 | Jul 10, 2026 | $0.5600 | regular |
| Apr 1, 2026 | Apr 10, 2026 | $0.5600 | regular |
| Jan 2, 2026 | Jan 14, 2026 | $0.5600 | regular |
| Oct 1, 2025 | Oct 10, 2025 | $0.5600 | regular |
| Jul 1, 2025 | Jul 11, 2025 | $0.5600 | regular |
| Apr 1, 2025 | Apr 11, 2025 | $0.5600 | regular |
| Jan 2, 2025 | Jan 15, 2025 | $0.5600 | regular |
| Oct 1, 2024 | Oct 11, 2024 | $0.5600 | regular |
| Jul 1, 2024 | Jul 12, 2024 | $0.5600 | regular |
| Mar 28, 2024 | Apr 12, 2024 | $0.5600 | regular |
| Dec 29, 2023 | Jan 12, 2024 | $0.5600 | regular |
| Sep 29, 2023 | Oct 12, 2023 | $0.5600 | regular |
| Jun 30, 2023 | Jul 13, 2023 | $0.5600 | regular |
Income Calculator
At $2.24 / yr per share
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