Vancouver-based Riverview Bancorp, the parent company of Riverview Community Bank, declared a quarterly cash dividend of $0.02 per share Thursday.
The payout represents a 1.07 percent yield, according to a press release from the company. It will be payable Oct. 24 to shareholders of record as of Oct. 13.
Riverview, traded on the NASDAQ as RVSB, closed trading Thursday at $8.61 per share, an increase of 21 cents.