Riverview Bancorp Increases Quarterly Cash Dividend
December 21 2018 - 3:02PM
Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the
“Company”) today announced its Board of Directors approved an
increase in its quarterly cash dividend to $0.04 per share.
The dividend will be payable January 22, 2019, to shareholders of
record January 8, 2019. Based on the current share price, the
annualized dividend yield is 2.22%.
About RiverviewRiverview
Bancorp, Inc. (www.riverviewbank.com) is headquartered in
Vancouver, Washington – just north of Portland, Oregon on the I-5
corridor. With assets of $1.15 billion at September 30, 2018, it is
the parent company of the 95-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 17 branches, including 14 in the Portland-Vancouver area and
three lending centers. For the past 5 years, Riverview has been
named Best Bank by the readers of The Vancouver Business Journal,
The Columbian and The Gresham Outlook.
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.
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Contacts: |
Kevin Lycklama
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Riverview Bancorp, Inc.
360-693-6650 |
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