Riverview Bancorp, Inc., a bank holding company for Riverview Community Bank that provides commercial banking services to small and medium size businesses, professionals, and wealth building individuals. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plans. The company also provides commercial business, commercial and residential real estate, multi-family real estate, land, real estate construction, and one-to-four family mortgage loans; other consumer loans, such as automobile, boat, motorcycle, recreational vehicle, savings account, and unsecured loans; and home equity lines of credit. In addition, it is involved in the provision of mortgage brokerage and mortgage loan servicing activities, as well as offers asset management services comprising trust, estate planning, and investment management. The company operates through a network of 17 branch offices in Camas, Washougal, Stevenson, White Salmon, Battle Ground, Goldendale, Ridgefield, and Vancouver, Washington; and Portland, Gresham, Tualatin, and Aumsville, Oregon. Riverview Bancorp, Inc. was founded in 1923 and is based in Vancouver, Washington.
Riverview Bancorp Dividend Announcement
• Riverview Bancorp announced a quarterly dividend of $0.02 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-10-07
• Riverview Bancorp annual dividend for 2024 was $0.16
• Riverview Bancorp annual dividend for 2023 was $0.24
• Riverview Bancorp's trailing twelve-month (TTM) dividend yield is 2.84%
• Riverview Bancorp's payout ratio for the trailing twelve months (TTM) is 419.96%
• Riverview Bancorp's dividend growth over the last five years (2018-2023) was 13.05% year
Riverview Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-07 | $0.02 | quarterly | 2024-10-18 |
2024-07-10 | $0.02 | quarterly | 2024-07-22 |
2024-04-10 | $0.06 | quarterly | 2024-04-22 |
2024-01-04 | $0.06 | quarterly | 2024-01-16 |
2023-10-11 | $0.06 | quarterly | 2023-10-23 |
2023-07-10 | $0.06 | quarterly | 2023-07-24 |
2023-04-06 | $0.06 | quarterly | 2023-04-20 |
2023-01-03 | $0.06 | quarterly | 2023-01-16 |
2022-10-12 | $0.06 | quarterly | 2022-10-24 |
2022-07-07 | $0.06 | quarterly | 2022-07-21 |
2022-04-08 | $0.06 | quarterly | 2022-04-21 |
2022-01-04 | $0.06 | quarterly | 2022-01-17 |
2021-10-06 | $0.06 | quarterly | 2021-10-19 |
2021-07-08 | $0.05 | quarterly | 2021-07-22 |
2021-04-07 | $0.05 | quarterly | 2021-04-21 |
2021-01-04 | $0.05 | quarterly | 2021-01-18 |
2020-10-07 | $0.05 | quarterly | 2020-10-20 |
2020-07-08 | $0.05 | quarterly | 2020-07-22 |
2020-04-08 | $0.05 | quarterly | 2020-04-22 |
2020-01-08 | $0.05 | quarterly | 2020-01-21 |
2019-10-10 | $0.04 | quarterly | 2019-10-25 |
2019-07-11 | $0.04 | quarterly | 2019-07-23 |
2019-04-10 | $0.04 | quarterly | 2019-04-23 |
2019-01-07 | $0.04 | quarterly | 2019-01-22 |
2018-10-11 | $0.04 | quarterly | 2018-10-23 |
2018-07-12 | $0.04 | quarterly | 2018-07-24 |
2018-04-12 | $0.03 | quarterly | 2018-04-24 |
2018-01-05 | $0.03 | quarterly | 2018-01-23 |
2017-10-12 | $0.02 | quarterly | 2017-10-24 |
2017-07-12 | $0.02 | quarterly | 2017-07-25 |
2017-04-07 | $0.02 | quarterly | 2017-04-25 |
2017-01-06 | $0.02 | quarterly | 2017-01-24 |
2016-10-12 | $0.02 | quarterly | 2016-10-25 |
2016-07-08 | $0.02 | quarterly | 2016-07-25 |
2016-04-07 | $0.02 | quarterly | 2016-04-25 |
2015-12-31 | $0.02 | quarterly | 2016-01-19 |
2015-10-07 | $0.01 | quarterly | 2015-10-27 |
2015-07-06 | $0.01 | quarterly | 2015-07-20 |
2015-04-09 | $0.01 | quarterly | 2015-04-21 |
2015-04-02 | $0.01 | quarterly | 2015-04-21 |
2008-09-26 | $0.04 | quarterly | 2008-10-15 |
2008-06-25 | $0.09 | quarterly | 2008-07-11 |
2008-03-27 | $0.09 | quarterly | 2008-04-15 |
2007-12-27 | $0.11 | quarterly | 2008-01-15 |
2007-09-26 | $0.11 | quarterly | 2007-10-15 |
2007-06-27 | $0.11 | quarterly | 2007-07-16 |
2007-03-28 | $0.10 | quarterly | 2007-04-13 |
Riverview Bancorp Dividend per year
Riverview Bancorp Dividend growth
Riverview Bancorp Dividend Yield
Riverview Bancorp current trailing twelve-month (TTM) dividend yield is 2.84%. Interested in purchasing Riverview Bancorp stock? Use our calculator to estimate your expected dividend yield:
Riverview Bancorp Financial Ratios
Riverview Bancorp Dividend FAQ
Other factors to consider when evaluating Riverview Bancorp 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: Riverview Bancorp'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, Riverview Bancorp 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, Riverview Bancorp 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 Riverview Bancorp 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: Riverview Bancorp 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, Riverview Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Riverview Bancorp 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 Riverview Bancorp'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 Riverview Bancorp'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.