Riverview Bancorp Inc (NASDAQ:RVSB) Plans Quarterly Dividend of $0.03

Riverview Bancorp Inc (NASDAQ:RVSB) declared a quarterly dividend on Monday, April 2nd, RTT News reports. Stockholders of record on Friday, April 13th will be paid a dividend of 0.03 per share by the savings and loans company on Tuesday, April 24th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, April 12th.

Shares of RVSB stock opened at $9.39 on Friday. The firm has a market cap of $214.86, a PE ratio of 28.45 and a beta of 0.32. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.84 and a current ratio of 0.84. Riverview Bancorp has a 12-month low of $6.46 and a 12-month high of $9.75.

How to Become a New Pot Stock Millionaire

Riverview Bancorp (NASDAQ:RVSB) last issued its quarterly earnings results on Thursday, January 25th. The savings and loans company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. The business had revenue of $13.69 million for the quarter. Riverview Bancorp had a return on equity of 9.65% and a net margin of 17.00%. analysts predict that Riverview Bancorp will post 0.48 earnings per share for the current year.

A hedge fund recently raised its stake in Riverview Bancorp stock. State Street Corp lifted its position in Riverview Bancorp Inc (NASDAQ:RVSB) by 1,923.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 231,349 shares of the savings and loans company’s stock after acquiring an additional 219,914 shares during the period. State Street Corp owned 1.03% of Riverview Bancorp worth $1,535,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 60.21% of the company’s stock.

RVSB has been the topic of several research reports. Zacks Investment Research raised Riverview Bancorp from a “hold” rating to a “buy” rating and set a $10.00 target price on the stock in a research report on Thursday, January 25th. ValuEngine downgraded Riverview Bancorp from a “buy” rating to a “hold” rating in a research report on Saturday, January 13th.

WARNING: This story was first posted by Week Herald and is the property of of Week Herald. If you are accessing this story on another publication, it was copied illegally and reposted in violation of international copyright laws. The legal version of this story can be viewed at https://weekherald.com/2018/04/22/riverview-bancorp-inc-rvsb-to-go-ex-dividend-on-april-12th.html.

About Riverview Bancorp

Riverview Bancorp, Inc operates as the holding company for Riverview Community Bank that provides community banking services in the United States. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, regular savings accounts, certificates of deposit, and retirement savings plans.

Dividend History for Riverview Bancorp (NASDAQ:RVSB)

Receive News & Ratings for Riverview Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Riverview Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply