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Stock impact report

Riverview Bancorp (NASDAQ:RVSB) Will Pay A Dividend Of $0.02 [Yahoo! Finance]

Riverview Bancorp Inc (RVSB) 
Last riverview bancorp inc earnings: 1/23 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.riverviewbank.com
Company Research Source: Yahoo! Finance
Including this payment, the dividend yield on the stock will be 1.6%, which is a modest boost for shareholders' returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. If it is predictable over a long period, even low dividend yields can be attractive. Having distributed dividends for at least 10 years, Riverview Bancorp has a long history of paying out a part of its earnings to shareholders. Taking data from its last earnings report, calculating for the company's payout ratio shows 36%, which means that Riverview Bancorp would be able to pay its last dividend without pressure on the balance sheet. The next year is set to see EPS grow by 37.5%. If the dividend continues on this path, the future payout ratio could be 28% by next year, which we think can be pretty sustainable going forward. Check out our latest analysis for Riverview Bancorp While the company has been paying a dividend for a long time, it Show less Read more
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