Vancouver-based Riverview Bancorp Inc., the parent company of Riverview Community Bank, declared a quarterly cash dividend of $0.02 per share on Tuesday.
The payout represents a yield of 1.72 percent, according to a news release. It is a 32 percent payout of the company’s fiscal fourth quarter, which ended March 31. The company reported a $1.4 million profit for the quarter and a $6.4 million profit for fiscal year 2015.
The dividend will be payable July 25 for shareholders of record as of July 12, the company said.
Riverview, traded as RVSB, ended Wednesday at $4.73 per share, up $0.03.
