VANCOUVER, Wash., June 18, 2008 (PRIME NEWSWIRE) -- Riverview Bancorp (Nasdaq:RVSB) today announced that its Board of Directors declared a quarterly cash dividend of $0.09 per share, the same rate as paid in the prior quarter. The dividend will be paid on July 11, 2008, to shareholders of record June 27, 2008. This is the 43rd consecutive quarterly cash dividend and represents an annualized yield of 4.36% based on the recent stock price.
The company plans to report first fiscal quarter 2009 results after the market closes on July 15, 2008.
Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington -- just north of Portland, Oregon on the I-5 corridor. With assets of $887 million, it is the parent company of the 85 year-old Riverview Community Bank, as well as Riverview Mortgage and Riverview Asset Management Corp. There are 18 branches, including ten in fast growing Clark County, three in the Portland metropolitan area and four lending centers. The Bank offers true community banking services, focusing on providing the highest quality service and financial products to commercial and retail customers.