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Washington Trust Bancorp (FRA:WT1) Forward Dividend Yield % : 9.00% (As of Jun. 06, 2024)


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What is Washington Trust Bancorp Forward Dividend Yield %?

As of today (2024-06-06), the Forward Annual Dividend Yield of Washington Trust Bancorp is 9.00%.

As of today (2024-06-06), the Trailing Annual Dividend Yield of Washington Trust Bancorp is 8.89%.

FRA:WT1's Forward Dividend Yield % is ranked better than
90.63% of 1174 companies
in the Banks industry
Industry Median: 4.145 vs FRA:WT1: 9.00

Washington Trust Bancorp's Dividends per Share for the three months ended in Mar. 2024 was €0.52.

During the past 12 months, Washington Trust Bancorp's average Dividends Per Share Growth Rate was 1.80% 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 of Washington Trust Bancorp's Forward Dividend Yield %

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's Forward Dividend Yield % Distribution in the Banks Industry

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 0.5600002024-03-282024-04-012024-04-12Cash DividendquarterlyUSD:EUR 0.920000
USD 0.5600002023-12-292024-01-022024-01-12Cash DividendquarterlyUSD:EUR 0.917000
USD 0.5600002023-09-292023-10-022023-10-12Cash DividendquarterlyUSD:EUR 0.937000
USD 0.5600002023-06-302023-07-032023-07-13Cash DividendquarterlyUSD:EUR 0.923000

* 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
=2.0608/23.00
=8.96 %

Current Share Price is €23.00.
Washington Trust Bancorp's Dividends per Share for the forward twelve months is calculated as €0.5152 * 4 = €2.0608.

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
=2.07032/23.00
=9.00 %

Current Share Price is €23.00.
Washington Trust Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is €2.07032.

* 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  (FRA:WT1) 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 (FRA:WT1) 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.

Washington Trust Bancorp (FRA:WT1) Headlines

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