Riverview Bancorp, Inc. Plans Quarterly Dividend of $0.02 (NASDAQ:RVSB)
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Riverview Bancorp, Inc. (NASDAQ:RVSB) has declared a quarterly dividend of $0.02 per share, payable on April 25th to investors of record on April 14th. This results in an annualized dividend of $0.08, yielding 1.31%. The company has reduced its dividend by an average of 17% annually over the past three years, with a payout ratio of 20%. Analysts expect Riverview to earn $0.24 per share next year, maintaining coverage for its dividend. The stock traded at $6.09, with a market cap of $127.74 million and a P/E ratio of 152.29.
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