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Stock impact report

Riverview Financial Corporation Declares Cash Dividend For The Third Quarter Of 2018

Riverview Financial Corporation (RIVE) 
Company Research Source: PR Newswire
HARRISBURG, Pa., Aug. 24, 2018 /PRNewswire/ -- On August 23, 2018, the Board of Directors of Riverview Financial Corporation (NASDAQ: RIVE) declared a cash dividend of $0.10 per share for the third quarter of 2018. The dividend is payable September 28, 2018 to shareholders of record as of September 14, 2018. Kirk D. Fox, Chief Executive Officer stated, "We are pleased to declare a dividend for the third quarter of 2018 which represents an annualized yield of 3.0% based on the closing price of our stock on the dividend declaration date. It is our goal to continue to pay a reasonable dividend without disrupting the delicate balance we must maintain between the payment of a dividend to shareholders and remaining a well-capitalized institution, which is critical in our dedicated efforts to continue building long term value for shareholders."Riverview Financial Corporation is the parent company of Riverview Bank and its operating divisions Citizens Neighborhood Bank, Show less Read more
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