Riverview Bancorp: Dividend Insights
Portfolio Pulse from Benzinga Insights
Riverview Bancorp (NASDAQ:RVSB) announced a quarterly dividend of 6 cents per share, with Wednesday being the last day for investors to be eligible for the dividend. The stock will go ex-dividend on Thursday and is expected to open 6 cents lower. The dividend is scheduled to be paid on January 16, 2024.
January 01, 2024 | 2:45 pm
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Riverview Bancorp is set to pay a quarterly dividend of 6 cents per share, with the ex-dividend date being Thursday. The stock price is expected to open 6 cents lower to reflect the dividend payout.
The stock price is likely to decrease by the amount of the dividend as the stock goes ex-dividend, which is a common occurrence. The relevance is high as the news directly pertains to RVSB's dividend payout. The importance is significant for investors interested in dividend income. The confidence in the analysis is high due to the predictable nature of stock price adjustments on ex-dividend dates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100