VANCOUVER, Wash., March 20, 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 dividend will be paid on April 15, 2008, to shareholders of record March 31, 2008.
Pat Sheaffer, Chairman and CEO, said, "This is our 42nd consecutive quarterly cash dividend and represents a 3.5% yield based on the recent stock price."
Riverview Bancorp, Inc. (www.riverviewbank.com) is headquartered in Vancouver, Washington -- just north of Portland, Oregon on the I-5 corridor. With assets of $844 million, it is the parent company of the 84 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, four 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.