River Valley Bancorp Announces Quarterly Cash Dividend
MADISON, Ind.--(BUSINESS WIRE)-- River Valley Bancorp (RIVR), an Indiana corporation (the Corporation) and holding company for River Valley Financial Bank (the Bank), based in Madison, Indiana announced today that it has declared a cash dividend of $0.21 per share of its Common Stock for the quarter ending December 31, 2012. The annualized rate of the dividend reflects $0.84 per share.
For the benefit of our shareholders due to an anticipated rise in taxes on dividend income in 2013, the Corporation has chosen to advance the normal dividend cycle and have this particular dividend paid in 2012. The dividend record date will be as of December 17, 2012 and will be payable on December 31, 2012. This dividend represents the sixty-second consecutive dividend paid by the Corporation.
River Valley Bancorp/River Valley Financial Bank is based in Madison, Indiana and has twelve bank locations. With the acquisition/merger with Dupont State Bank on November 9, 2012 the Bank has locations in Madison, Hanover, Charlestown, Sellersburg, Floyds Knobs, New Albany, Dupont, North Vernon, and Seymour Indiana area. Another office is located in Carrollton, KY.
River Valley Bancorp
Matthew P. Forrester - President, CEO, 812-273-4949
Source: River Valley BancorpCopyright Business Wire 2012