Riverview Bancorp Declares Quarterly Cash Dividend of $0.05 Per Share
Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the
“Company”) today announced that on December 16, 2020, 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 January 18, 2021, to shareholders of
record on January 5, 2021. Based on the current share price, the
annualized dividend yield is 3.97%.
Riverview Bancorp, Inc. (www.riverviewbank.com)
is headquartered in Vancouver, Washington – just north of Portland,
Oregon on the I-5 corridor. With assets of $1.43 billion at
September 30, 2020, it is the parent company of the 97-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
seven 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.
||Riverview Bancorp, Inc. 360-693-6650