MADISON, Ind.--()--River Valley Bancorp (NASDAQ: 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 March 31, 2013. The annualized rate of the dividend reflects $0.84 per share.
The dividend record date will be as of March 29, 2013 and will be payable on April 12, 2013. This dividend represents the sixty-third 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.