SmarterDividends
WASH

Washington Trust Bancorp, Inc.

WASH

Financial Services · Banks - Regional · Stock · quarterly payer

$37.06

Undervalued · +87% Add to Portfolio

Forward Yield

6.05%

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 18, 2026, Washington Trust Bancorp, Inc. (WASH) has a forward dividend yield of 6.05%, based on an annual dividend of $2.24 per share and a share price of $37.06.
  • As of Oct 18, 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 18, 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 18, 2026, SmarterDividends' blended fair-value estimate for WASH is $69.26 per share, 87% above the $37.06 share price, so WASH screens as undervalued.
  • Washington Trust Bancorp, Inc. (WASH) pays its dividend quarterly, 4 times a year.
  • Washington Trust Bancorp, Inc. (WASH) has raised its regular dividend 44 times and cut it 1 time across the 158 payments on record since 1987. Its most recent change was a 3.7% increase to $0.560 per share, going ex-dividend on Dec 30, 2022. The last cut went ex-dividend on Jan 30, 1991.
Cite this page

SmarterDividends, "WASH Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/WASH

Summary

As of Oct 18, 2026, Washington Trust Bancorp, Inc. (WASH) yields 6.05% ($2.24 a year per share) and has a dividend safety grade of A (92/100).

Is WASH a good dividend stock?

Yes

Washington Trust Bancorp, Inc. (WASH) pays a quarterly dividend yielding 6.05% ($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
6.05%
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
$706.9M
P/E Ratio
12.9
5-Yr Total Return
-31%
52-Week Range
$25.95 – $40.54
Dividend Safety
A · 92/100
Ever Cut?
Yes (1991)

WASH dividend raises and cuts

Washington Trust Bancorp, Inc. (WASH) has raised its regular dividend 44 times and cut it 1 time across the 158 payments on record since 1987. Its most recent change was a 3.7% increase to $0.560 per share, going ex-dividend on Dec 30, 2022. The last cut went ex-dividend on Jan 30, 1991.

Ex-dateChangeOld → newMove
Dec 30, 2022Raise$0.540 → $0.560+3.7%
Dec 31, 2021Raise$0.520 → $0.540+3.8%
Dec 31, 2020Raise$0.510 → $0.520+2.0%
Jun 28, 2019Raise$0.470 → $0.510+8.5%
Dec 31, 2018Raise$0.430 → $0.470+9.3%
Mar 29, 2018Raise$0.390 → $0.430+10.3%
Sep 29, 2017Raise$0.380 → $0.390+2.6%
Mar 30, 2017Raise$0.370 → $0.380+2.7%
Sep 29, 2016Raise$0.360 → $0.370+2.8%
Mar 30, 2016Raise$0.340 → $0.360+5.9%
Mar 30, 2015Raise$0.320 → $0.340+6.3%
Sep 29, 2014Raise$0.290 → $0.320+10.3%
Show all 45 changes since 1988
Ex-dateChangeOld → newMove
Mar 28, 2014Raise$0.270 → $0.290+7.4%
Dec 30, 2013Raise$0.260 → $0.270+3.8%
Sep 26, 2013Raise$0.250 → $0.260+4.0%
Mar 27, 2013Raise$0.240 → $0.250+4.2%
Sep 27, 2012Raise$0.230 → $0.240+4.3%
Mar 28, 2012Raise$0.220 → $0.230+4.5%
Mar 29, 2011Raise$0.210 → $0.220+4.8%
Jun 26, 2008Raise$0.200 → $0.210+5.0%
Mar 28, 2007Raise$0.190 → $0.200+5.3%
Mar 29, 2006Raise$0.180 → $0.190+5.6%
Mar 29, 2005Raise$0.170 → $0.180+5.9%
Mar 31, 2004Raise$0.160 → $0.170+6.3%
Sep 30, 2003Raise$0.150 → $0.160+6.7%
Mar 31, 2003Raise$0.140 → $0.150+7.1%
Apr 2, 2002Raise$0.130 → $0.140+7.7%
Mar 27, 2001Raise$0.120 → $0.130+8.3%
Mar 30, 2000Raise$0.110 → $0.120+9.1%
Mar 30, 1999Raise$0.100 → $0.110+10.0%
Mar 31, 1998Raise$0.0933 → $0.100+7.1%
Dec 31, 1997Raise$0.0889 → $0.0933+5.0%
Sep 30, 1997Raise$0.0844 → $0.0889+5.3%
Apr 1, 1997Raise$0.0800 → $0.0844+5.6%
Dec 31, 1996Raise$0.0770 → $0.0800+3.8%
Mar 28, 1996Raise$0.0711 → $0.0770+8.3%
Sep 28, 1995Raise$0.0652 → $0.0711+9.1%
Mar 28, 1995Raise$0.0593 → $0.0652+10.0%
Sep 27, 1994Raise$0.0494 → $0.0593+20.0%
Mar 25, 1994Raise$0.0435 → $0.0494+13.6%
Mar 29, 1993Raise$0.0395 → $0.0435+10.0%
Jan 30, 1991Cut$0.0652 → $0.0395−39.4%
Jan 30, 1990Raise$0.0593 → $0.0652+10.0%
Jan 31, 1989Raise$0.0395 → $0.0593+50.0%
Apr 29, 1988Raise$0.0356 → $0.0395+11.1%
Every WASH payment →Download every raise and cut (CSV)
WASH ex-dividend date & scheduleNext ex-date Oct 1, 2026 · full ex-dividend historyView →WASH dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is WASH a good dividend stock?

Yes. Washington Trust Bancorp, Inc. (WASH) pays a quarterly dividend yielding 6.05% ($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 $69.26 versus a $37.06 share price — so it looks undervalued (+87% 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 $69.26 per share, roughly 87% above the current $37.06 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 6.05% ($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 6.05%.

What is WASH's dividend yield?

As of Oct 18, 2026, WASH's forward dividend yield is 6.05%, based on a $2.24 annual dividend and a $37.06 share price.

What is WASH's dividend per share?

As of Oct 18, 2026, WASH pays $2.24 per share per year, distributed on a quarterly basis.

What is WASH's dividend payout ratio?

As of Oct 18, 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 18, 2026, WASH's next ex-dividend date hasn't been announced. The most recent was Oct 1, 2026, for $0.56 per share.

Income Calculator

At $2.24 / yr per share

Per payment (quarterly)$56.00
Annual$224.00
Monthly avg$18.67

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