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Greene County Bancorp, Inc. Announces Cash Dividend

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Greene County Bancorp (NASDAQ:GCBC) has declared a quarterly cash dividend of $0.09 per share, maintaining an annual dividend rate of $0.36 per share. The dividend will be paid on May 30, 2025, to shareholders of record as of May 16, 2025.

Greene County Bancorp, MHC, which owns 54.1% of the company's outstanding shares, has received approval from the Federal Reserve Bank of Philadelphia to waive its dividend rights for up to $0.48 per share across four quarters ending September 30, 2025.

Greene County Bancorp (NASDAQ:GCBC) ha dichiarato un dividendo trimestrale in contanti di 0,09 $ per azione, mantenendo un tasso annuo di dividendo di 0,36 $ per azione. Il dividendo sarà pagato il 30 maggio 2025 agli azionisti registrati al 16 maggio 2025.

Greene County Bancorp, MHC, che detiene il 54,1% delle azioni in circolazione della società, ha ottenuto l'approvazione dalla Federal Reserve Bank di Philadelphia per rinunciare ai propri diritti di dividendo fino a 0,48 $ per azione, distribuiti su quattro trimestri con scadenza il 30 settembre 2025.

Greene County Bancorp (NASDAQ:GCBC) ha declarado un dividendo trimestral en efectivo de 0,09 $ por acción, manteniendo una tasa anual de dividendo de 0,36 $ por acción. El dividendo se pagará el 30 de mayo de 2025 a los accionistas registrados al 16 de mayo de 2025.

Greene County Bancorp, MHC, que posee el 54,1 % de las acciones en circulación de la compañía, ha recibido la aprobación del Banco de la Reserva Federal de Filadelfia para renunciar a sus derechos de dividendo hasta 0,48 $ por acción en cuatro trimestres que finalizan el 30 de septiembre de 2025.

Greene County Bancorp (NASDAQ:GCBC)주당 0.09달러의 분기 현금 배당금을 선언했으며, 연간 배당률은 주당 0.36달러를 유지합니다. 배당금은 2025년 5월 30일에 2025년 5월 16일 기준 주주들에게 지급됩니다.

회사의 발행 주식 중 54.1%를 보유한 Greene County Bancorp, MHC는 필라델피아 연방준비은행으로부터 2025년 9월 30일까지 4개 분기 동안 주당 최대 0.48달러까지 배당권 포기 승인을 받았습니다.

Greene County Bancorp (NASDAQ:GCBC) a déclaré un dividende trimestriel en espèces de 0,09 $ par action, maintenant un taux de dividende annuel de 0,36 $ par action. Le dividende sera versé le 30 mai 2025 aux actionnaires inscrits au registre au 16 mai 2025.

Greene County Bancorp, MHC, qui détient 54,1 % des actions en circulation de la société, a obtenu l'approbation de la Réserve fédérale de Philadelphie pour renoncer à ses droits de dividende à hauteur de 0,48 $ par action sur quatre trimestres se terminant le 30 septembre 2025.

Greene County Bancorp (NASDAQ:GCBC) hat eine vierteljährliche Bardividende von 0,09 $ pro Aktie angekündigt und hält damit eine jährliche Dividendenrate von 0,36 $ pro Aktie aufrecht. Die Dividende wird am 30. Mai 2025 an die am 16. Mai 2025 eingetragenen Aktionäre ausgezahlt.

Greene County Bancorp, MHC, das 54,1 % der ausstehenden Aktien des Unternehmens besitzt, hat von der Federal Reserve Bank of Philadelphia die Genehmigung erhalten, auf Dividendenrechte von bis zu 0,48 $ pro Aktie über vier Quartale bis zum 30. September 2025 zu verzichten.

Positive
  • Maintained stable quarterly dividend of $0.09 per share
  • MHC received Federal Reserve approval for dividend waiver up to $0.48 per share
Negative
  • No dividend growth compared to previous quarter

CATSKILL, N.Y., April 16, 2025 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (NASDAQ-GCBC) today announced that its Board of Directors has approved a quarterly cash dividend of $0.09 per share on the Company’s common stock. The dividend reflects an annual cash dividend rate of $0.36 per share, which is the same rate as the dividend declared during the previous quarter.

The cash dividend for the quarter ended March 31, 2025 will be paid to shareholders of record as of May 16, 2025, and is expected to be paid on May 30, 2025.

The Company is the majority-owned subsidiary of Greene County Bancorp, MHC (the “MHC”), a federal mutual holding company, which owns 54.1% of the Company’s outstanding common shares. The MHC is waiving its receipt of this dividend. The MHC received the nonobjection of the Federal Reserve Bank of Philadelphia to waive its right to receive dividends, aggregating up to $0.48 per share, paid by the Company during the four quarters ending with the quarters that end on December 31, 2024, March 31, 2025, June 30, 2025, and September 30, 2025.

Greene County Bancorp, Inc. is the direct and indirect holding company for the Bank of Greene County, a federally chartered savings bank, and Greene County Commercial Bank, a New York-chartered commercial bank, both headquartered in Catskill, New York. Our primary market is the Hudson Valley Region and Capital District Region in New York State. For more information on Greene County Bancorp, Inc., visit www.tbogc.com.

For Further Information Contact:
Donald E. Gibson
President and Chief Executive Officer
(518) 943-2600
donaldg@tbogc.com


FAQ

What is the quarterly dividend amount announced by Greene County Bancorp (GCBC) for Q1 2025?

Greene County Bancorp announced a quarterly cash dividend of $0.09 per share for Q1 2025.

When is the payment date for GCBC's latest dividend?

The dividend will be paid on May 30, 2025, to shareholders of record as of May 16, 2025.

How much of GCBC's shares are owned by Greene County Bancorp, MHC?

Greene County Bancorp, MHC owns 54.1% of GCBC's outstanding common shares.

What is the annual dividend rate for Greene County Bancorp (GCBC) shares?

The annual cash dividend rate is $0.36 per share, unchanged from the previous quarter.

For which quarters has the MHC received approval to waive dividends for GCBC?

The MHC received approval to waive dividends for quarters ending December 31, 2024, March 31, 2025, June 30, 2025, and September 30, 2025.
Greene Cnty Bancorp Inc

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376.04M
6.92M
59.3%
15.41%
0.25%
Banks - Regional
Savings Institutions, Not Federally Chartered
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United States
CATSKILL