MADISON, Ind.--(BUSINESS WIRE)--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 June 30, 2012. The annualized rate of the dividend reflects $0.84 per share.
The dividend record date will be as of June 29, 2012 and will be payable on July 13, 2012. This dividend represents the sixtieth consecutive dividend paid by the Corporation.
River Valley Bancorp/River Valley Financial Bank is based in Madison, Indiana and has nine bank locations in the Madison, Hanover, Charlestown, Sellersburg, Floyds Knobs, and New Albany, Indiana area. A tenth office is located in Carrollton, KY.