Riverview Bancorp increases Qu – GuruFocus.com
VANCOUVER, Wash., June 23, 2022 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today announced that effective June 22, 2022, its Board of Directors approved an increase in its quarterly cash dividend to $0.06 per share. The dividend will be payable on July 21, 2022 to shareholders of record on July 8, 2022. Based on the current share price, the annualized dividend yield is 3.70%.
Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington – just north of Portland, Oregon on the I-5 corridor. With assets of $1.74 billion as of March 31, 2022, it is the parent company of the 99-year-old Riverview Community Bank, as well as Riverview Trust Company. The Bank offers true community banking, focused on providing the highest quality financial services and products to commercial and retail customers. There are 17 branches, including 13 in the Portland-Vancouver area and three loan centers. For the past nine years, Riverview has been voted best bank by readers of The Vancouver Business Journal and The Colombian.
This press release contains statements that the Company considers to be “forward-looking statements”. These statements relate to the Company’s financial condition, results of operations, plans, objectives, performance or future activities. You should not place undue reliance on these statements, as they are subject to risks and uncertainties. When reviewing these forward-looking statements, you should keep these risks and uncertainties in mind, as well as any cautionary statements the Company may make. Further, you should treat such statements as speaking only as of the date they are made and based only on information then actually known to the Company.
Contact: Kevin Lycklama
Riverview Bancorp, Inc. 360-693-6650
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