Thursday Is Your Last Chance To Buy Washington Trust Bancorp Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Washington Trust Bancorp (NASDAQ:WASH) has announced a quarterly dividend of 56 cents per share. The stock will go ex-dividend on Friday, meaning it will trade lower to reflect the payout. Shareholders must own the stock prior to the ex-dividend date to be eligible for the dividend. The dividend will be paid out on October 12, 2023.
September 26, 2023 | 2:45 pm
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Washington Trust Bancorp has announced a dividend payout, which will likely cause the stock to open lower on the ex-dividend date.
Dividend payouts typically cause a stock's price to drop by roughly the amount of the dividend on the ex-dividend date. In this case, WASH is expected to open lower by about 56 cents per share, the amount of the dividend.
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