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RVSB Riverview Bancorp dividend history, payout ratio & dates

Riverview Bancorp's most recent quarterly dividend payment of $0.06 per share was made to shareholders on record before Jul 7, 2022. The payout stands at $0.23 per share annually, which works out to a dividend yield of 3.54%. The latest RVSB stock dividend of $0.06 is an increase from the previous $0.055 distribution, representing a growth of 9%.

Key dates

  • RVSB last dividend date: Jul 7, 2022
  • RVSB next dividend date: Not announced
RVSB dividend stats
DPS
$0.23
Dividend yield
3.54%
Payout ratio
24.2%
vs. Financial Services sector
Dividend yield
2.95%
Payout ratio
30.2%

Dividend yield

What is Riverview Bancorp current dividend yield

RVSB has a dividend yield of 3.54% which is higher than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.95%, Riverview Bancorp's dividend yield is 20% higher. The current dividend yield is more than the historical average of 2.5% of the last 5 years.

Dividend history

What is RVSB dividend payout history and dates

Riverview Bancorp has a dividend history dating as far as 1996, but lately the company has been paying dividends for the last seven consecutive years. According to our data RVSB has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 13% for the last year. And since the stock price has gone down by 13% from a year ago, the dividend yield has increased by 30%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 7, 2022 Jul 21, 2022 Jun 23, 2022 $0.06 normal
Apr 8, 2022 Apr 21, 2022 Mar 29, 2022 $0.055 normal
Jan 4, 2022 Jan 17, 2022 Dec 15, 2021 $0.055 normal
Oct 6, 2021 Oct 19, 2021 Sep 22, 2021 $0.055 normal
Jul 8, 2021 Jul 22, 2021 Jun 25, 2021 $0.05 normal
Apr 7, 2021 Apr 21, 2021 Mar 26, 2021 $0.05 normal
Jan 4, 2021 Jan 18, 2021 Dec 16, 2020 $0.05 normal
Oct 7, 2020 Oct 20, 2020 Sep 23, 2020 $0.05 normal
Jul 8, 2020 Jul 22, 2020 Jun 26, 2020 $0.05 normal
Apr 8, 2020 Apr 22, 2020 Mar 25, 2020 $0.05 normal
Jan 8, 2020 Jan 21, 2020 Dec 18, 2019 $0.05 normal
Oct 10, 2019 Oct 25, 2019 Sep 25, 2019 $0.045 normal
Jul 11, 2019 Jul 23, 2019 Jun 26, 2019 $0.045 normal
Apr 10, 2019 Apr 23, 2019 Mar 27, 2019 $0.04 normal
Jan 7, 2019 Jan 22, 2019 Dec 19, 2018 $0.04 normal
Oct 11, 2018 Oct 23, 2018 Sep 26, 2018 $0.035 normal
Jul 12, 2018 Jul 24, 2018 Jun 27, 2018 $0.035 normal
Apr 12, 2018 Apr 24, 2018 Mar 28, 2018 $0.03 normal
Jan 5, 2018 Jan 23, 2018 Dec 20, 2017 $0.03 normal
Oct 12, 2017 Oct 24, 2017 Oct 2, 2017 $0.023 normal
Jul 12, 2017 Jul 25, 2017 Jun 28, 2017 $0.023 normal
Apr 7, 2017 Apr 25, 2017 Mar 22, 2017 $0.02 normal
Jan 6, 2017 Jan 24, 2017 Dec 21, 2016 $0.02 normal
Oct 12, 2016 Oct 25, 2016 Oct 3, 2016 $0.02 normal

Riverview Bancorp dividend payout ratio

What is Riverview Bancorp dividend payout ratio compared to the sector

Payout ratio

RVSB has a payout ratio of 24.2% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 30.2%, Riverview Bancorp's payout ratio is 20% lower.

Total amount of dividends paid per financial year (from cash flow)

RVSB dividend vs peer dividends

How does RVSB dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
TBNK Territorial Bancorp Inc 4.96% $0.92 48.2%
PROV Provident Financial Holdings Inc 3.89% $0.56 45.5%
RVSB Riverview Bancorp Inc 3.54% $0.23 24.2%
WAFD Washington Federal Inc 3.17% $0.95 31.3%
FFNW First Financial Northwest Inc 3.17% $0.47 35.9%
TSBK Timberland Bancorp Inc 3.15% $0.87 32.1%
FSBW FS Bancorp Inc 2.75% $0.75 20.3%
BANC Banc Of California Inc 1.5% $0.24 14.8%

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 is Riverview Bancorp's next dividend?

Currently RVSB's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in October 2022.

When was RVSB's last dividend?

Riverview Bancorp's last dividend ex-date was on Jul 7, 2022. The dividend amount was $0.06 per share.

How much dividend does Riverview Bancorp pay (per share)?

RVSB has paid dividend of $0.23 per share in the last year.

What is Riverview Bancorp's dividend yield?

Currently Riverview Bancorp's dividend yield is 3.54%.

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 24.2%.

Does Riverview Bancorp pay a good dividend?

Riverview Bancorp's dividend yield is more than the Financial Services sector average.