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 September 30, 2012. The annualized rate of the dividend reflects $0.84 per share.
The dividend record date will be as of September 28, 2012 and will be payable on October 12, 2012. This dividend represents the sixty-first 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.