VANCOUVER, Wash., Sept. 21, 2006 (PRIMEZONE) -- Riverview Bancorp (Nasdaq:RVSB) today announced that its Board of Directors declared a quarterly cash dividend of $0.10 per share. This payout represents a 5% increase over the prior quarter's dividend, after adjusting for last month's 2-for-1 stock split. The dividend will be paid on October 16, 2006, to shareholders of record September 30, 2006.
Additionally, Riverview expects to report its second fiscal quarter results after the close of market on Tuesday, October 24, 2006. The following day, management will host a conference call at 8:00 a.m. PDT (11:00 a.m. EDT) to discuss the results. The call will also be broadcast live via the Internet.
The conference call can be accessed by dialing 303-262-2130. To listen to the call online, go to www.actioncast.acttel.com and enter event ID 35357. An archived replay of the call can be accessed by dialing 303-590-3000, access code 11069344#, through Wednesday, November 1, 2006 or via the internet at www.actioncast.acttel.com, event ID 35357, for 90 days.
Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington -- just north of Portland, Oregon on the I-5 corridor. With assets of $793 million, it is the parent company of the 83 year-old Riverview Community Bank, as well as Riverview Mortgage and Riverview Asset Management Corp. There are 17 branches, including ten in fast growing Clark County, three in the Portland metropolitan area and three lending centers. The Bank offers true community banking services, focusing on providing the highest quality service and financial products to commercial and retail customers.