Washington Trust Bancorp Dividends and Buybacks
Dividend criteria checks 6/6
Washington Trust Bancorp is a dividend paying company with a current yield of 6.03% that is well covered by earnings.
Key information
6.0%
Dividend yield
0.01%
Buyback Yield
| Total Shareholder Yield | 6.0% |
| Future Dividend Yield | 6.0% |
| Dividend Growth | 8.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | €2.240 |
| Payout ratio | 84% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: WT1's dividends per share have been stable in the past 10 years.
Growing Dividend: WT1's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Washington Trust Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (WT1) | 6.0% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.9% |
| Industry Average (Banks) | 6.4% |
| Analyst forecast (WT1) (up to 3 years) | 6.0% |
Notable Dividend: WT1's dividend (6.03%) is higher than the bottom 25% of dividend payers in the German market (1.72%).
High Dividend: WT1's dividend (6.03%) is in the top 25% of dividend payers in the German market (4.89%)
Current Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.6%), WT1's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WT1's dividends in 3 years are forecast to be covered by earnings (77.3% payout ratio).