CORRECTION: Riverview Bancorp Declares Quarterly Cash Dividend of $0.02 Per Share
Riverview Bancorp (RVSB) has announced a quarterly cash dividend of $0.02 per share, maintaining the same rate as the previous quarter.
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Rhea-AI Summary
Riverview Bancorp (RVSB) has announced a quarterly cash dividend of $0.02 per share, maintaining the same rate as the previous quarter. The dividend was approved by the Board of Directors on December 18, 2024, and will be payable on January 14, 2025, to shareholders of record as of January 2, 2025.
The company, headquartered in Vancouver, Washington, operates with assets of $1.55 billion as of September 30, 2024. Riverview Bank, along with Riverview Trust Company, serves commercial, business, and retail clients through 17 branches, including 13 in the Portland-Vancouver area, and 3 lending centers. The bank has been recognized as Best Bank by The Vancouver Business Journal and The Columbian for the past 10 years.
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News Market Reaction – RVSB
The recorded move for RVSB in the trading session of this news was +1.95%.
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VANCOUVER, Wash., Dec. 23, 2024 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Monday, December 23rd by Riverview Bancorp, Inc. (Nasdaq GSM: RVSB), please note that in the first paragraph, the dates regarding Board approval, shareholder eligibility, and the payable date have been corrected. The corrected release follows:
Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced that on December 18, 2024, its Board of Directors approved a quarterly cash dividend of
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
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 including those described in 1A (Risk Factors) of the Company’s Form 10-K for the fiscal year ended March 31, 2024. 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: | Nicole Sherman and David Lam |
| Riverview Bancorp, Inc. 360-693-6650 |
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