Riverview Bancorp Increases Quarterly Cash Dividend
July 03 2019 - 12:09PM
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 $0.045 per share. The
dividend will be payable July 23, 2019, to shareholders of record
on July 12, 2019. Based on the current share price, the annualized
dividend yield is 2.18%.
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 $1.16 billion at March 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 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.
Contacts: Kevin Lycklama
Riverview Bancorp,
Inc. 360-693-6650
Riverview Bancorp (NASDAQ:RVSB)
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