Riverview Bancorp Declares Quarterly Cash Dividend
June 28 2016 - 4:42PM
Riverview Bancorp, Inc. (Nasdaq:RVSB) (“Riverview” or the
“Company”) today announced its Board of Directors has declared a
quarterly cash dividend of $0.02 per share. The dividend will
be payable July 25, 2016, to shareholders of record July 12, 2016.
The cash dividend represents a payout of 32% for
our fourth fiscal quarter and a dividend yield of 1.72%.
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 $921 million, it is the parent company
of the 92 year-old Riverview Community Bank, as well as Riverview
Trust Company. The Bank offers true community banking services,
focusing on providing the highest quality service and financial
products to commercial and retail customers. There are 17 branches,
including twelve in the Portland-Vancouver area and three lending
centers.
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:
Pat Sheaffer, Ron Wysaske or Kevin Lycklama,
Riverview Bancorp, Inc. 360-693-6650
Riverview Bancorp (NASDAQ:RVSB)
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