River Valley Bancorp declares cash dividend
Saturday, December 15, 2012 4:00 AM
River Valley Bancorp declared a cash dividend of $0.21 per share of its common stock for the quarter ending Dec. 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 Dec. 17, 2012 and will be payable on Dec. 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 Ind. Another office is located in Carrollton, Ky.