Vancouver-based Riverview Bancorp on Tuesday declared a quarterly cash dividend of $0.035 per share. The dividend will be payable Oct. 23 to shareholders of record by Oct. 12. Based on the current share price, the annualized dividend yield is 1.61 percent.
Riverview Bancorp is the parent company of the 95-year-old Riverview Community Bank, as well as Riverview Trust Company. There are 18 branches, including 14 in the Portland-Vancouver area and three lending centers.