Riverview Bancorp Declares Quarterly Cash Dividend of $0.05 Per Share
Riverview Bancorp (RVSB) announced a quarterly cash dividend of $0.05 per share on December 16, 2020, remaining unchanged from the previous 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 (RVSB) announced a quarterly cash dividend of $0.05 per share on December 16, 2020, remaining unchanged from the previous quarter. The dividend will be paid on January 18, 2021, to shareholders on record by January 5, 2021. The annualized dividend yield is approximately 3.97% based on the current share price. Riverview Bancorp, headquartered in Vancouver, Washington, manages assets of $1.43 billion and operates 18 branches in the Portland-Vancouver area, providing a variety of banking services.
Positive
- Quarterly cash dividend of $0.05 per share, maintaining investor income
- Annualized yield of 3.97% indicates good return potential
- Strong asset base of $1.43 billion enhances stability
Negative
- None.
Details
News Market Reaction – RVSB
The recorded move for RVSB in the trading session of this news was +4.48%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, Wash., Dec. 22, 2020 (GLOBE NEWSWIRE) -- 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
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.
| Contacts: | Kevin Lycklama |
| Riverview Bancorp, Inc. 360-693-6650 |
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