River Valley Bancorp, holding company for River Valley Financial Bank, based in Madison, announced this week that it has declared a cash dividend of 21 cents per share of its common stock for the quarter ending March 31. The annualized rate of the dividend reflects $0.84 per share.

The dividend record date will be as of March 29, and will be payable on April 12. This dividend represents the 63rd consecutive dividend paid by the corporation.