Riverview Bancorp Declares Quarterly Cash Dividend
October 01 2015 - 4:00PM
Riverview Bancorp, Inc. (Nasdaq:RVSB) ("Riverview" or the
"Company") today announced its Board of Directors has declared a
quarterly cash dividend of $0.015 per share. The dividend will be
payable October 27, 2015, to shareholders of record October 12,
2015.
"We are pleased that our current financial performance and
capital position allows us to increase our dividend again this
quarter," stated Pat Sheaffer, Chairman and CEO. "The cash dividend
represents a payout of 21% for our first fiscal quarter and a
dividend yield of 1.26%."
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 $860 million, it is the parent company
of the 92 year-old Riverview Community Bank, as well as Riverview
Asset Management Corp. 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.
CONTACT: Pat Sheaffer, Ron Wysaske or Kevin Lycklama,
Riverview Bancorp, Inc. 360-693-6650
Riverview Bancorp (NASDAQ:RVSB)
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