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, 2011. The annualized rate of the dividend reflects $0.84 per share.
The dividend record date will be as of April 1, 2011 and will be payable on April 15, 2011. This dividend represents the fifty-fifth 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.