River City Bank provides various banking services for business, consumer, and commercial real estate sectors in the United States. It offers checking, savings, and term certificate accounts. The company also provides personal loans, home equity loans, revolving lines of credit, non-revolving line of credit, and letters of credit, as well as commercial real estate, agriculture, and residential mortgage loans. In addition, it provides cash management services; lockbox, clean energy, and premier banking services; debit and credit cards; and online and mobile banking services. The company operates nine branch locations within El Dorado, Placer, Sacramento, and Yolo counties, as well as two loan production offices in San Francisco and Sonoma counties. River City Bank was founded in 1963 is headquartered in Sacramento, California.
River City Bank Dividend Announcement
• River City Bank announced a quarterly dividend of $0.37 per ordinary share which will be made payable on 2024-11-12. Ex dividend date: 2024-10-29
• River City Bank annual dividend for 2024 was $1.48
• River City Bank annual dividend for 2023 was $1.40
• River City Bank's trailing twelve-month (TTM) dividend yield is 0.58%
• River City Bank's dividend growth over the last five years (2018-2023) was 6.13% year
• River City Bank's dividend growth over the last ten years (2013-2023) was 10.84% year
River City Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-29 | $0.37 | quarterly | 2024-11-12 |
2024-07-25 | $0.37 | quarterly | 2024-08-08 |
2024-05-06 | $0.37 | quarterly | 2024-05-21 |
2024-02-05 | $0.37 | quarterly | 2024-02-20 |
2023-10-30 | $0.35 | quarterly | 2023-11-14 |
2023-07-31 | $0.35 | quarterly | 2023-08-15 |
2023-05-01 | $0.35 | quarterly | 2023-05-16 |
2023-02-06 | $0.35 | quarterly | 2023-02-21 |
2022-10-31 | $0.33 | quarterly | 2022-11-15 |
2022-08-01 | $0.33 | quarterly | 2022-08-16 |
2022-05-02 | $0.33 | quarterly | 2022-05-17 |
2022-02-07 | $0.33 | quarterly | 2022-02-22 |
2021-11-01 | $0.32 | quarterly | 2021-11-16 |
2021-08-02 | $0.32 | quarterly | 2021-08-17 |
2021-05-03 | $0.32 | quarterly | 2021-05-18 |
2021-02-08 | $0.32 | quarterly | 2021-02-23 |
2020-11-02 | $0.30 | quarterly | 2020-11-17 |
2020-08-03 | $0.30 | quarterly | 2020-08-18 |
2020-05-04 | $0.30 | quarterly | 2020-05-19 |
2020-02-06 | $0.30 | quarterly | 2020-02-21 |
2019-10-28 | $0.28 | quarterly | 2019-11-19 |
2019-04-29 | $0.28 | quarterly | 2019-05-14 |
2019-02-05 | $0.28 | quarterly | 2019-02-20 |
2018-10-29 | $0.26 | quarterly | 2018-11-20 |
2018-07-30 | $0.26 | quarterly | 2018-08-14 |
2018-04-30 | $0.26 | quarterly | 2018-05-15 |
2018-02-05 | $0.26 | quarterly | 2018-02-20 |
2017-10-30 | $0.23 | quarterly | 2017-11-21 |
2017-08-03 | $0.23 | quarterly | 2017-08-22 |
2017-04-28 | $0.23 | quarterly | 2017-05-16 |
2017-02-03 | $0.23 | quarterly | 2017-02-21 |
2016-10-27 | $0.21 | quarterly | |
2016-07-28 | $0.21 | quarterly | |
2016-04-29 | $0.21 | quarterly | |
2016-02-05 | $0.21 | quarterly | |
2015-10-29 | $0.18 | quarterly | |
2015-07-30 | $0.18 | quarterly | |
2015-05-01 | $0.18 | quarterly | |
2015-01-30 | $0.18 | quarterly | |
2014-10-30 | $0.15 | quarterly | |
2014-07-30 | $0.15 | quarterly | |
2014-04-24 | $0.15 | quarterly | |
2014-01-29 | $0.15 | quarterly | |
2013-10-30 | $0.12 | quarterly | |
2013-07-26 | $0.12 | quarterly | |
2013-05-02 | $0.12 | quarterly | |
2013-01-29 | $0.12 | quarterly |
River City Bank Dividend per year
River City Bank Dividend growth
River City Bank Dividend Yield
River City Bank current trailing twelve-month (TTM) dividend yield is 0.58%. Interested in purchasing River City Bank stock? Use our calculator to estimate your expected dividend yield:
River City Bank Financial Ratios
River City Bank Dividend FAQ
Other factors to consider when evaluating River City Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: River City Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, River City Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, River City Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from River City Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: River City Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, River City Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: River City Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of River City Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review River City Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.