Riverview Bancorp Declares Quarterly Cash Dividend of $0.05 Per Share
Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) has announced a quarterly cash dividend of $0.05 per share, consistent with the prior quarter.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) has announced a quarterly cash dividend of $0.05 per share, consistent with the prior quarter. This dividend will be paid on July 22, 2020, to shareholders on record by July 8, 2020. The current annualized dividend yield stands at 3.81%. As of March 31, 2020, Riverview reported assets totaling $1.18 billion. The company operates 18 branches, primarily in the Portland-Vancouver area, and has been recognized as the Best Bank for six consecutive years by local publications.
Positive
- Quarterly cash dividend of $0.05 per share indicates consistent financial performance.
- Annualized dividend yield of 3.81% offers attractive income for shareholders.
- Company has substantial assets of $1.18 billion, indicating strong financial health.
Negative
- None.
Details
News Market Reaction – RVSB
The recorded move for RVSB in the trading session of this news was +3.62%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, Wash., June 26, 2020 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced 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. 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.
Kevin Lycklama
Riverview Bancorp, Inc. 360-693-6650
FAQ
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