American River Bankshares Increases Its Quarterly Cash Dividend
July 18 2019 - 11:00AM
American River Bankshares (NASDAQ-GS: AMRB) announced its third
quarter cash dividend of 7 cents per share ($0.07) payable on
August 14, 2019 to shareholders of record on July 31, 2019.
The 7 cents per share is a 2 cent or 40% increase over the second
quarter 2019 cash dividend of 5 cents per share that was announced
on April 18, 2019.
The cash dividend is the third quarterly cash dividend of 2019
and represents the eleventh cash dividend since the quarterly
program was reinstated in January of 2017.
About American River BanksharesAmerican River
Bankshares [NASDAQ-GS: AMRB] is the parent company of American
River Bank, a regional bank serving Northern California since 1983.
We give business owners more REACH by offering financial expertise
and exceptional service to complement a full suite of banking
products and services. Our honest approach, commitment to community
and focus on profitability is intended to lead our clients to
greater success. For more information, call (800) 544-0545 or visit
AmericanRiverBank.com.
Forward-Looking StatementsCertain statements
contained herein are forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934 and subject to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995
that involve risks and uncertainties. Actual results may
differ materially from the results in these forward-looking
statements. Factors that might cause such a difference
include, among other matters, changes in interest rates, economic
conditions, governmental regulation and legislation, credit
quality, and competition affecting the Company’s businesses
generally; the risk of natural disasters and future catastrophic
events including terrorist related incidents; and other factors
discussed in the Company’s Annual Report on Form 10-K for the year
ended December 31, 2018, and in subsequent reports filed on Form
10-Q and Form 8-K. The Company does not undertake any
obligation to publicly update or revise any of these
forward-looking statements, whether to reflect new information,
future events or otherwise, except as required by law.
Investor Contact:Mitchell A. DerenzoExecutive Vice
President, Chief Financial OfficerAmerican River
Bankshares916-231-6723
Media Contact:Jennifer J. HeldVice President,
Marketing DirectorAmerican River Bankshares916-231-6717
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