Riverview Bancorp Increases Quarterly Cash Dividend
December 24 2019 - 9:00AM
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 $0.05 per share.
The dividend will be payable January 21, 2020, to shareholders of
record on January 9, 2020. Based on the current share price, the
annualized dividend yield is 2.42%.
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 $1.17 billion at
September 30, 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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