Riverview Bancorp Declares Quarterly Cash Dividend of $0.055 Per Share
Riverview Bancorp, Inc. (RVSB) announced on March 23, 2022, a quarterly cash dividend of $0.055 per share, unchanged from the previous quarter.
Sentiment and the balance of points
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Rhea-AI Summary
Riverview Bancorp, Inc. (RVSB) announced on March 23, 2022, a quarterly cash dividend of $0.055 per share, unchanged from the previous quarter. This dividend, payable on April 21, 2022, will benefit shareholders recorded on April 11, 2022. The current annualized dividend yield stands at 2.91%. As of December 31, 2021, Riverview had assets totaling $1.68 billion and operates 17 branches, emphasizing community banking services.
Positive
- Declared a quarterly cash dividend of $0.055 per share, indicating financial stability.
- Annualized dividend yield at 2.91%, attractive for income-focused investors.
Negative
- None.
Details
News Market Reaction – RVSB
The recorded move for RVSB in the trading session of this news was +0.40%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, Wash., March 29, 2022 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced that on March 23, 2022, 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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