Riverview Financial Co. (RIVE) To Go Ex-Dividend on September 12th

Riverview Financial Co. (NASDAQ:RIVE) announced a quarterly dividend on Thursday, August 22nd, Zacks reports. Investors of record on Friday, September 13th will be given a dividend of 0.075 per share on Monday, September 30th. This represents a $0.30 annualized dividend and a yield of 2.63%. The ex-dividend date is Thursday, September 12th.

NASDAQ RIVE traded up $1.23 on Tuesday, hitting $11.39. The company’s stock had a trading volume of 4,554 shares, compared to its average volume of 7,981. The stock’s 50-day simple moving average is $10.32. The company has a market capitalization of $95.80 million and a price-to-earnings ratio of 13.40. Riverview Financial has a 1-year low of $9.90 and a 1-year high of $14.55. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.94 and a current ratio of 0.95.

Riverview Financial (NASDAQ:RIVE) last issued its quarterly earnings results on Friday, July 26th. The company reported $0.08 EPS for the quarter. Riverview Financial had a net margin of 7.24% and a return on equity of 6.31%. The company had revenue of $24.37 million for the quarter.

In related news, CEO Brett D. Fulk bought 3,000 shares of Riverview Financial stock in a transaction that occurred on Thursday, September 5th. The shares were acquired at an average cost of $10.10 per share, for a total transaction of $30,300.00. Following the completion of the acquisition, the chief executive officer now directly owns 37,266 shares of the company’s stock, valued at approximately $376,386.60. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brett D. Fulk bought 5,000 shares of the firm’s stock in a transaction on Thursday, August 29th. The shares were purchased at an average cost of $10.25 per share, with a total value of $51,250.00. The disclosure for this purchase can be found here. Insiders purchased 20,751 shares of company stock valued at $162,000 over the last 90 days. 4.36% of the stock is currently owned by company insiders.

Riverview Financial Company Profile

Riverview Financial Corporation operates as the bank holding company for Riverview Bank that provides various consumer and commercial banking products and services to individuals, municipalities, small to medium sized businesses, and nonprofit entities in the United States. It accepts money market, NOW, savings, individual retirement, and investment accounts; demand and time deposits, certificates of deposit, and noninterest bearing deposits; and provides remote deposit capture, automatic clearing house transaction, cash management, automated teller machine, point of sale transaction, night depository, direct deposit, and official check services, as well as safe deposit boxes.

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Dividend History for Riverview Financial (NASDAQ:RIVE)

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