Washington Trust Bancorp, Inc. (WASH) has been identified as a strong investment option, with the Zacks Consensus Estimate for its 2024 earnings increasing by 3.9% over the past 60 days. The bank holding company, based in Westerly, Rhode Island, currently boasts a dividend yield of 7.3%, significantly above the industry average of 2.5%. This information was released on December 30th.
Additionally, Washington Trust Bancorp holds a Zacks Rank of #1, indicating strong performance potential. Investors should consider this stock as part of their income strategy, given its above-average dividend yield and favorable earnings outlook.
