Riverview Bancorp Declares Quarterly Cash Dividend of $0.05 Per Share
March 27 2020 - 4:50PM
Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the
“Company”) today announced its Board of Directors approved a
quarterly cash dividend of $0.05 per share, which remained
unchanged compared to the preceding quarter. The dividend
will be payable April 22, 2020, to shareholders of record on April
9, 2020. Based on the current share price, the annualized dividend
yield is 4.02%.
About Riverview
Riverview Bancorp, Inc. (www.riverviewbank.com)
is headquartered in Vancouver, Washington – just north of Portland,
Oregon on the I-5 corridor. With assets of $1.18 billion at
December 31, 2019, it is the parent company of the 96-year-old
Riverview Community Bank, as well as Riverview Trust Company. The
Bank offers true community banking services, focusing on providing
the highest quality service and financial products to commercial
and retail customers. There are 18 branches, including 14 in the
Portland-Vancouver area and three lending centers. For the past six
years, Riverview has been named Best Bank by the readers of The
Vancouver Business Journal and The Columbian.
This press release contains statements that the
Company believes are “forward-looking statements.” These statements
relate to the Company’s financial condition, results of operations,
plans, objectives, future performance or business. You should not
place undue reliance on these statements, as they are subject to
risks and uncertainties. When considering these forward-looking
statements, you should keep in mind these risks and uncertainties,
as well as any cautionary statements the Company may make.
Moreover, you should treat these statements as speaking only as of
the date they are made and based only on information then actually
known to the Company.
Contacts: Kevin Lycklama
Riverview Bancorp, Inc. 360-693-6650
Riverview Bancorp (NASDAQ:RVSB)
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