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Riverview Bancorp declares 1.5-cent quarterly dividend

The Columbian
Published: October 1, 2015, 3:10pm

Vancouver-based Riverview Bancorp said Thursday its board has declared a quarterly cash dividend of 1.5 cents per share. The dividend will be payable Oct. 27 to shareholders of record as of Oct. 12.

“We are pleased that our current financial performance and capital position allows us to increase our dividend again this quarter,” Pat Sheaffer, chairman and CEO, said in a news release. “The cash dividend represents a payout of 21% for our first fiscal quarter and a dividend yield of 1.26%.”

Riverview Bancorp is the parent company of Riverview Community Bank, as well as Riverview Asset Management Corp.

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