RVSB Riverview Bancorp dividend history, payout ratio & dates
Riverview Bancorp's most recent dividend payment of $0.02 per share was made to shareholders on record before Oct 7, 2024. The payout stands at $0.16 per share annually, which works out to a dividend yield of 2.83%.
Key dates
- RVSB last dividend date: Oct 7, 2024
RVSB dividend stats
vs. Financial Services sector
Dividend yield
RVSB has a dividend yield of 2.83% which is higher than the Financial Services sector and its peers average but lower than the industry average. But if we consider the Financial Services sector average of 2.77%, Riverview Bancorp's dividend yield is only 2.2% higher. The current dividend yield is less than the historical average of 3.7% of the last 5 years.
Dividend history
Riverview Bancorp has a dividend history dating as far as 1996, but lately the company has been paying dividends for the last nine consecutive years. According to our data RVSB has issued four quarterly dividends in the last twelve months. The annualized DPS has decreased by 33% for the last year. And since the stock price has gone down by 9% from a year ago, the dividend yield has decreased by 26%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 7, 2024 | $0.02 | 3.46% |
| Jul 10, 2024 | $0.02 | 5.26% |
| Apr 10, 2024 | $0.06 | 5.42% |
| Jan 4, 2024 | $0.06 | 3.87% |
| Oct 11, 2023 | $0.06 | 4.3% |
| Jul 10, 2023 | $0.06 | 4.71% |
| Apr 6, 2023 | $0.06 | 4.49% |
| Jan 3, 2023 | $0.06 | 3.22% |
| Oct 12, 2022 | $0.06 | 3.65% |
| Jul 7, 2022 | $0.06 | 3.55% |
| Apr 8, 2022 | $0.055 | 2.87% |
| Jan 4, 2022 | $0.055 | 2.66% |
| Oct 6, 2021 | $0.055 | 2.85% |
| Jul 8, 2021 | $0.05 | 2.96% |
| Apr 7, 2021 | $0.05 | 2.89% |
| Jan 4, 2021 | $0.05 | 3.91% |
| Oct 7, 2020 | $0.05 | 4.07% |
| Jul 8, 2020 | $0.05 | 3.88% |
| Apr 8, 2020 | $0.05 | 3.9% |
| Jan 8, 2020 | $0.05 | 2.26% |
| Oct 10, 2019 | $0.045 | 2.36% |
| Jul 11, 2019 | $0.045 | 1.92% |
| Apr 10, 2019 | $0.04 | 2.01% |
| Jan 7, 2019 | $0.04 | 1.86% |
| Oct 11, 2018 | $0.035 | 1.58% |
| Jul 12, 2018 | $0.035 | 1.36% |
| Apr 12, 2018 | $0.03 | 1.12% |
| Jan 5, 2018 | $0.03 | 1.09% |
| Oct 12, 2017 | $0.023 | 0.96% |
| Jul 12, 2017 | $0.023 | 1.15% |
| Apr 7, 2017 | $0.02 | 1.09% |
| Jan 6, 2017 | $0.02 | 1.14% |
| Oct 12, 2016 | $0.02 | 1.38% |
| Jul 8, 2016 | $0.02 | 1.49% |
| Apr 7, 2016 | $0.02 | 1.46% |
| Dec 31, 2015 | $0.018 | 1.44% |
| Oct 7, 2015 | $0.015 | 0.98% |
| Jul 6, 2015 | $0.013 | 0.82% |
| Apr 9, 2015 | $0.011 | 0.51% |
| Apr 1, 2015 | $0.011 | 0.26% |
Riverview Bancorp dividend payout ratio
Payout ratio
RVSB has a payout ratio of 320% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 44.2%, Riverview Bancorp's payout ratio is 624% higher.
Total amount of dividends paid per financial year (from cash flow)
RVSB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PROV Provident Financial Holdings Inc | 3.41% | $0.56 | 50.9% |
| WAFD Washington Federal Inc | 3.19% | $1.04 | 41.6% |
| TSBK Timberland Bancorp Inc | 3.11% | $0.97 | 32.1% |
| RVSB Riverview Bancorp Inc | 2.83% | $0.16 | 320% |
| BANC Banc Of California Inc | 2.59% | $0.4 | N/A |
| FSBW FS Bancorp Inc | 2.5% | $1.06 | 22.1% |
| FFNW First Financial Northwest Inc | 2.44% | $0.52 | 472.7% |
| TBNK Territorial Bancorp Inc | 0.81% | $0.08 | N/A |
Frequently asked questions
Does Riverview Bancorp pay a dividend?
Yes, Riverview Bancorp has paid four dividends in the last 12 months. RVSB has been paying dividends since 2016.
When was RVSB's last dividend?
Riverview Bancorp's last dividend ex-date was on Oct 7, 2024. The dividend amount was $0.02 per share.
How much dividend does Riverview Bancorp pay (per share)?
RVSB has paid dividend of $0.16 per share in the last year.
What is Riverview Bancorp's dividend yield?
Currently Riverview Bancorp's dividend yield is 2.83%.
How often does Riverview Bancorp pay dividends?
Riverview Bancorp pays four dividends per year.
What is Riverview Bancorp's dividend payout ratio?
Riverview Bancorp's dividend payout ratio is 320%.
Does Riverview Bancorp pay a good dividend?
Riverview Bancorp's dividend yield is in line with the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.