Riverview Bancorp, Inc.

RVSB

Financial Services · Banks - Regional · Stock · quarterly payer

$5.99

Overvalued · -62% Add to Portfolio

Forward Yield

1.34%

Annual Dividend

$0.08

Payout Ratio

26%

5-Yr Growth

-16.7%

Ex-Date

Oct 9, 2026

Frequency

Quarterly

Key facts about RVSB's dividend

Data as of Oct 18, 2026 · Source: SmarterDividends data

As of Oct 18, 2026, Riverview Bancorp, Inc. (RVSB) has a forward dividend yield of 1.34%, based on an annual dividend of $0.08 per share and a share price of $5.99.
As of Oct 18, 2026, RVSB's dividend safety grade from SmarterDividends is C (65 out of 100), which rates the dividend as borderline.
RVSB last cut its regular dividend in 2024.
RVSB's most recent ex-dividend date was Oct 9, 2026, for a dividend of $0.0200 per share.
As of Oct 18, 2026, RVSB pays out 26% of its trailing 12-month earnings as dividends (its payout ratio).
RVSB's dividend has shrunk at an average rate of 16.7% a year over the past five years.
As of Oct 18, 2026, RVSB's 1.34% yield is 56% below its five-year average yield of 3.03%.
As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for RVSB is $2.30 per share, 62% below the $5.99 share price, so RVSB screens as overvalued.
Riverview Bancorp, Inc. (RVSB) pays its dividend quarterly, 4 times a year.
Riverview Bancorp, Inc. (RVSB) has raised its regular dividend 27 times and cut it 4 times across the 101 payments on record since 1994. Its most recent change was a 66.7% cut to $0.0200 per share, going ex-dividend on Jul 10, 2024.

Cite this page

SmarterDividends, "RVSB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/RVSB

Summary

As of Oct 18, 2026, Riverview Bancorp, Inc. (RVSB) yields 1.34% ($0.08 a year per share) and has a dividend safety grade of C (65/100).

Is RVSB a good dividend stock?

Yes, with caveats

Riverview Bancorp, Inc. (RVSB) pays a quarterly dividend yielding 1.34% ($0.08/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

Comfortable payout ratio (26%)

Risks

Cut its dividend in 2024
Dividend has been shrinking, not growing
Share price is down over the past 5 years

Key Data

Dividend Yield: 1.34%
Payout Ratio: 26%
Annual Dividend: $0.08
5-Yr Avg Growth: -16.7%
Ex-Dividend Date: Oct 9, 2026
Years of Growth: 0
Frequency: quarterly
Beta: 0.46
Market Cap: $119.5M
P/E Ratio: —
5-Yr Total Return: -19%
52-Week Range: $4.88 – $6.22
Dividend Safety: C · 65/100
Ever Cut?: Yes (2024)

RVSB dividend raises and cuts

Riverview Bancorp, Inc. (RVSB) has raised its regular dividend 27 times and cut it 4 times across the 101 payments on record since 1994. Its most recent change was a 66.7% cut to $0.0200 per share, going ex-dividend on Jul 10, 2024.

Ex-date	Change	Old → new	Move
Jul 10, 2024	Cut	$0.0600 → $0.0200	−66.7%
Jul 7, 2022	Raise	$0.0550 → $0.0600	+9.1%
Oct 6, 2021	Raise	$0.0500 → $0.0550	+10.0%
Jan 8, 2020	Raise	$0.0450 → $0.0500	+11.1%
Jul 11, 2019	Raise	$0.0400 → $0.0450	+12.5%
Jan 7, 2019	Raise	$0.0350 → $0.0400	+14.3%
Jul 12, 2018	Raise	$0.0300 → $0.0350	+16.7%
Jan 5, 2018	Raise	$0.0230 → $0.0300	+30.4%
Jul 12, 2017	Raise	$0.0200 → $0.0230	+15.0%
Apr 7, 2016	Raise	$0.0180 → $0.0200	+11.1%
Dec 31, 2015	Raise	$0.0150 → $0.0180	+20.0%
Oct 7, 2015	Raise	$0.0130 → $0.0150	+15.4%

Show all 31 changes since 1995

Ex-date	Change	Old → new	Move
Jul 6, 2015	Raise	$0.0110 → $0.0130	+18.2%
Sep 26, 2008	Cut	$0.0900 → $0.0450	−50.0%
Mar 27, 2008	Cut	$0.110 → $0.0900	−18.2%
Jun 27, 2007	Raise	$0.100 → $0.110	+10.0%
Sep 27, 2006	Raise	$0.0950 → $0.100	+5.3%
Jun 28, 2006	Raise	$0.0850 → $0.0950	+11.8%
Jun 28, 2005	Raise	$0.0775 → $0.0850	+9.7%
Jun 28, 2004	Raise	$0.0700 → $0.0775	+10.7%
Jun 26, 2003	Raise	$0.0625 → $0.0700	+12.0%
Jun 26, 2002	Raise	$0.0550 → $0.0625	+13.6%
Jun 27, 2001	Raise	$0.0500 → $0.0550	+10.0%
Jun 28, 2000	Raise	$0.0450 → $0.0500	+11.1%
Jun 28, 1999	Raise	$0.0300 → $0.0450	+50.0%
Jun 26, 1998	Raise	$0.0175 → $0.0300	+71.4%
Mar 27, 1998	Raise	$0.0150 → $0.0175	+16.7%
Dec 29, 1997	Raise	$0.0118 → $0.0150	+26.8%
Jul 2, 1997	Raise	$0.0099 → $0.0118	+20.0%
Jun 26, 1996	Raise	$0.0090 → $0.0099	+10.0%
Jun 28, 1995	Cut	$0.0224 → $0.0090	−60.0%

Every RVSB payment →Download every raise and cut (CSV)

RVSB ex-dividend date & scheduleNext ex-date Oct 9, 2026 · full ex-dividend historyView →RVSB dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is RVSB a good dividend stock?

Yes, with caveats. Riverview Bancorp, Inc. (RVSB) pays a quarterly dividend yielding 1.34% ($0.08/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is RVSB undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, RVSB's fair value is about $2.30 versus a $5.99 share price — so it looks overvalued (-62% vs. fair value).

Is RVSB's dividend safe?

RVSB has a dividend-safety grade of C (65/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2024, debt and yield-versus-history.

What is RVSB's fair value?

Our blended fair-value estimate for RVSB is about $2.30 per share, about 62% below the current $5.99 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is RVSB a buy, hold, or sell?

We don't issue formal ratings, but on the data RVSB screens as "yes, with caveats" and overvalued. Riverview Bancorp, Inc. (RVSB) pays a quarterly dividend yielding 1.34% ($0.08/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will RVSB cut its dividend?

RVSB earns a dividend-safety grade of C (65/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does RVSB pay a dividend?

Yes. Riverview Bancorp, Inc. pays a quarterly dividend of about $0.08 per share annually, a forward yield of roughly 1.34%.

What is RVSB's dividend yield?

As of Oct 18, 2026, RVSB's forward dividend yield is 1.34%, based on a $0.08 annual dividend and a $5.99 share price.

What is RVSB's dividend per share?

As of Oct 18, 2026, RVSB pays $0.08 per share per year, distributed on a quarterly basis.

What is RVSB's dividend payout ratio?

As of Oct 18, 2026, RVSB's payout ratio is 26% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has RVSB grown its dividend?

RVSB does not currently have a long dividend-growth streak on record.

When is the next RVSB ex-dividend date?

As of Oct 18, 2026, RVSB's next ex-dividend date hasn't been announced. The most recent was Oct 9, 2026, for $0.0200 per share.

Dividend Growth

Total dividends per share by year

Dividend History

Full RVSB dividend history →

Ex-Date	Pay Date	Amount	Type
Oct 9, 2026	Oct 20, 2026	$0.0200	regular
Jul 9, 2026	Jul 21, 2026	$0.0200	regular
Apr 13, 2026	Apr 24, 2026	$0.0200	regular
Jan 5, 2026	Jan 16, 2026	$0.0200	regular
Oct 9, 2025	Oct 20, 2025	$0.0200	regular
Jul 10, 2025	Jul 22, 2025	$0.0200	regular
Apr 14, 2025	Apr 25, 2025	$0.0200	regular
Jan 2, 2025	Jan 14, 2025	$0.0200	regular
Oct 7, 2024	Oct 18, 2024	$0.0200	regular
Jul 10, 2024	Jul 22, 2024	$0.0200	regular
Apr 10, 2024	Apr 22, 2024	$0.0600	regular
Jan 4, 2024	Jan 16, 2024	$0.0600	regular
Oct 11, 2023	Oct 23, 2023	$0.0600	regular
Jul 10, 2023	Jul 24, 2023	$0.0600	regular