SPOKANE, Wash., Feb. 24, 2016 /PRNewswire/ -- W.T.B. Financial Corporation announced today that a quarterly cash dividend of $0.75 per common share will be paid on March 18, 2016, to shareholders of record at the close of business on March 7, 2016.
The new dividend rate of $0.75 per common share represents an increase of 10.3 percent compared to the prior dividend rate of $0.68 per share.
About W.T.B. Financial Corporation: Washington Trust Bank is the largest independently owned full-service commercial bank in the Northwest, serving the region since 1902. A wholly owned subsidiary of W.T.B. Financial Corporation, Washington Trust Bank has assets exceeding $5.3 billion. Headquartered in Spokane, Washington Trust currently has 43 branches and offices in Washington, Idaho, and Oregon. The bank employs approximately 850 people. Details can be found at https://www.watrust.com. The bank is also active on Facebook, Twitter, and Instagram.
SOURCE W.T.B. Financial Corporation