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Washington Trust declares dividend

Published 06/22/2012 12:00 AM
Updated 06/21/2012 11:42 PM

The Westerly-based Washington Trust Bancorp Inc.'s board of directors declared Thursday a quarterly dividend of 23 cents a share for the second quarter.

The dividend was unchanged from the first-quarter amount. But the bank increased its dividend by a penny a share this year compared to the 22 cents a share given out last year.

The second-quarter dividend will be paid July 13 to shareholders of record on July 2.

Washington Trust Bancorp is the parent of The Washington Trust Company, a state-chartered bank founded in 1800 and headquartered in Westerly. Washington Trust is the oldest community bank in the nation.

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