Riverview Bancorp Approves Consistent Cash Dividend for Shareholders
Riverview Bancorp Announces Quarterly Cash Dividend
Riverview Bancorp, Inc. (Nasdaq: RVSB) has made an important announcement regarding its quarterly cash dividend. On December 18, 2024, the Board of Directors approved a cash dividend of $0.02 per share, a figure that remains consistent with the previous quarter’s distribution.
Details of the Dividend Payment
This dividend will be payable to shareholders on January 14, 2025. To qualify for this payment, shareholders must be on record as of January 2, 2025. This regular cash dividend highlights Riverview's commitment to providing value for its shareholders.
About Riverview Bancorp
Riverview Bancorp, Inc. operates out of Vancouver, Washington, strategically situated along the I-5 corridor. The company is the parent of Riverview Bank and Riverview Trust Company, boasting a robust asset base of approximately $1.55 billion as of September 30, 2024. With a focus on community banking, Riverview offers an array of financial products for commercial, business, and retail clients. The bank operates a network of 17 branches, including 13 in the Portland-Vancouver area along with three dedicated lending centers.
Community Commitment
Riverview Bancorp has been recognized multiple times as the Best Bank by local publications, including The Vancouver Business Journal and The Columbian. This accolade reflects the company’s unwavering dedication to community service and customer satisfaction.
Financial Outlook and Performance
The company is committed to maintaining strong financial health and delivering reliable returns to its shareholders. Riverview provides banking services tailored to the unique needs of its communities, focusing on building long-term relationships founded on trust and quality service.
Contact Information
For further inquiries regarding Riverview Bancorp or the dividend announcement, interested parties can reach out to:
Nicole Sherman and David Lam at Riverview Bancorp, Inc., contact number: 360-693-6650.
Frequently Asked Questions
What is the amount of the approved cash dividend?
The approved cash dividend is $0.02 per share.
When will the dividend payment be made?
The dividend payment is scheduled for January 14, 2025.
What is the record date for shareholders?
The record date for shareholders to qualify for the dividend is January 2, 2025.
Where is Riverview Bancorp located?
Riverview Bancorp is headquartered in Vancouver, Washington.
How can I contact Riverview Bancorp for more information?
You can contact Nicole Sherman and David Lam at 360-693-6650 for more information.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
