Riverview Bancorp Declares Quarterly Cash Dividend of $0.06 Per Share
Riverview Bancorp, Inc. (RVSB) announced a quarterly cash dividend of $0.06 per share, consistent with 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, Inc. (RVSB) announced a quarterly cash dividend of $0.06 per share, consistent with the previous quarter. This dividend will be payable on April 20, 2023, to shareholders of record on April 10, 2023, resulting in an annualized dividend yield of 4.47%. With total assets of $1.60 billion as of December 31, 2022, Riverview Bancorp operates 17 branches and has been recognized as the Best Bank by readers of local publications for nine consecutive years. The company remains focused on community banking and delivering quality financial services.
Positive
- Quarterly cash dividend of $0.06 per share maintained, ensuring stable income for shareholders.
- Annualized dividend yield of 4.47%, indicating a good return on investment.
Negative
- None.
Details
News Market Reaction – RVSB
The recorded move for RVSB in the trading session of this news was +4.10%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, Wash., March 27, 2023 (GLOBE NEWSWIRE) -- Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced that on March 22, 2023, its Board of Directors approved a 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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