Washington Trust Bancorp, Inc. Increases Quarterly Dividend

Company Increases First Quarter Dividend to 29 Cents per Share

WESTERLY, R.I.--()--The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ Global Select®; symbol: WASH), today declared a quarterly dividend of 29 cents per share for the quarter ending March 31, 2014. This represents a two-cent increase over the dividend paid last quarter and is the Corporation’s third consecutive quarterly dividend increase. The dividend will be paid April 11, 2014 to shareholders of record on April 01, 2014.

Washington Trust Bancorp, Inc. is the parent of The Washington Trust Company, a state-chartered bank headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is the oldest community bank in the nation and is the largest independent bank headquartered in Rhode Island. Washington Trust offers a full range of financial services, including commercial banking, small business banking, personal banking, and wealth management and trust services through its offices located in Rhode Island, southeastern Connecticut and eastern Massachusetts. The Corporation’s common stock trades on The NASDAQ Global Select® Stock Market under the symbol WASH. Investor information is available on the Corporation’s web site: www.washtrust.com.

Contacts

Washington Trust Bancorp, Inc.
Elizabeth B. Eckel, 401-348-1309
Senior Vice President, Marketing
ebeckel@washtrust.com

Release Summary

Washington Trust Bancorp, Inc. increased the Q1 dividend to 29 cents, up 2 cents and the 3rd consecutive quarterly dividend increase. Dividend to be paid 4/11/14 to shareholders of record on 4/1/14.

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Contacts

Washington Trust Bancorp, Inc.
Elizabeth B. Eckel, 401-348-1309
Senior Vice President, Marketing
ebeckel@washtrust.com