Riverview Bancorp Declares Quarterly Cash Dividend of $0.055 Per Share
Riverview Bancorp (RVSB) announced a quarterly cash dividend increase to $0.055 per share, effective October 19, 2021.
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 increase to $0.055 per share, effective October 19, 2021. This decision was approved by the Board of Directors on September 22, 2021. Shareholders on record by October 7, 2021 will be eligible for this dividend, resulting in an annualized yield of 3.05%. Riverview Bancorp, headquartered in Vancouver, Washington, has assets of $1.62 billion and operates 16 branches, focusing on community banking and high-quality financial products.
Positive
- Increased quarterly cash dividend to $0.055 per share.
- Annualized dividend yield of 3.05%.
- Strong financial position with assets of $1.62 billion.
Negative
- None.
Details
News Market Reaction – RVSB
The recorded move for RVSB in the trading session of this news was +1.96%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, Wash., Sept. 27, 2021 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced that on September 22, 2021, its Board of Directors approved an increase in its quarterly cash dividend to
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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