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 Jul 10, 2024. The payout stands at $0.2 per share annually, which works out to a dividend yield of 4.27%. The latest RVSB stock dividend of $0.02 is a decrease from the previous $0.06 distribution, representing a change of -67%.
Key dates
- RVSB last dividend date: Jul 10, 2024
RVSB dividend stats
vs. Financial Services sector
Dividend yield
RVSB has a dividend yield of 4.27% 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 2.89%, Riverview Bancorp's dividend yield is 48% higher. The current dividend yield is more 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 17% for the last year. However since the stock price has gone down by 20% from a year ago, the dividend yield has increased by 4.1%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| 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 200% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.4%, Riverview Bancorp's payout ratio is 361% higher.
Total amount of dividends paid per financial year (from cash flow)
RVSB dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RVSB Riverview Bancorp Inc | 4.27% | $0.2 | 200% |
| PROV Provident Financial Holdings Inc | 3.82% | $0.56 | 52.8% |
| TSBK Timberland Bancorp Inc | 3.11% | $0.95 | 31.1% |
| WAFD Washington Federal Inc | 2.84% | $1.03 | 41.4% |
| BANC Banc Of California Inc | 2.76% | $0.4 | N/A |
| FSBW FS Bancorp Inc | 2.35% | $1.04 | 22.5% |
| FFNW First Financial Northwest Inc | 2.3% | $0.52 | 152.9% |
| TBNK Territorial Bancorp Inc | 1.2% | $0.12 | 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 Jul 10, 2024. The dividend amount was $0.02 per share.
How much dividend does Riverview Bancorp pay (per share)?
RVSB has paid dividend of $0.2 per share in the last year.
What is Riverview Bancorp's dividend yield?
Currently Riverview Bancorp's dividend yield is 4.27%.
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 200%.
Does Riverview Bancorp pay a good dividend?
Riverview Bancorp's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.