RIVERVIEW BANCORP INC 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information and Holders The Company’s common stock is traded on the Nasdaq Global Market under the symbol “RVSB.” At June 14, 2024, there were 547 stockholders of record and an estimated 2,823 holders in nominee or “street name” through various brokerage firms. Dividends Riverview has historically paid cash dividends to its common shareholders. Payments of future cash dividends, if any, will be at the discretion of our Board of Directors after taking into account various factors, including our business, operating results and financial condition, capital requirements, current and anticipated cash needs, plans for expansion, any legal or contractual limitation on our ability to pay dividends and other relevant factors including required payments on our trust preferred securities. During fiscal 2024, our Board of Directors declared regular quarterly dividends of $0.06 per share. No assurances can be given that any dividends will be paid or that, if paid, will not be reduced or eliminated in future periods. Dividends on common stock from Riverview depend substantially upon receipt of dividends from the Bank, which is Riverview’s predominant source of income. Management’s projections show an expectation that cash dividends will continue for the foreseeable future. Purchases of Equity Securities by the Issuer and Affiliated Purchases The following table sets forth the Company’s repurchases of its outstanding common stock for the quarter ended March 31, 2024: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Dollar ​ Maximum Dollar Value ​ ​ Total ​ Average ​ Value Purchased ​ of Shares that ​ ​ Number of ​ Price ​ as Part of Publicly ​ May Yet Be Purchased ​ ​ Shares ​ Paid per ​ Announced Stock ​ Under the Stock Period ​ Purchased ​ Share ​ Repurchase Program ​ Repurchase Program (1) January 1, 2024 - January 31, 2024 ​ — ​ $ — ​ $ — ​ $ — February 1, 2024 - February 29, 2024 ​ — ​ ​ — ​ ​ — ​ ​ — March 1, 2024 - March 31, 2024 ​ — ​ ​ — ​ ​ — ​ ​ — Total — ​ $ — $ — $ — (1) The Company did not have a publicly announced stock repurchase program in place during the three months ended March 31, 2024. Equity Compensation Plan Information The equity compensation plan information presented in Part III, Item 12 of this Form 10-K is incorporated herein by reference. ​ Item 6. [Reserved] ​ 45 Table of Contents ​