Greene County Bancorp, Inc. Announces Cash Dividend

Rhea-AI Summary

Greene County Bancorp (NASDAQ:GCBC) announced a quarterly cash dividend of $0.10 per share, equal to an annual rate of $0.40 per share. The dividend is for the quarter ended December 31, 2025; shareholders of record on February 13, 2026 will receive the payment expected on February 27, 2026.

The company is majority-owned (54.1%) by Greene County Bancorp, MHC, which historically waived dividends but will not waive receipt of this quarter’s dividend for cash-flow purposes. Greene County Bancorp is the holding company for Bank of Greene County and Greene County Commercial Bank, serving the Hudson Valley and Capital District regions of New York.

Positive

• Quarterly dividend maintained at $0.10 per share
• Annual cash rate steady at $0.40 per share
• Clear payment timeline—record date Feb 13, 2026; pay date Feb 27, 2026

Negative

• MHC ownership of 54.1% may concentrate dividend receipts
• MHC will receive this quarter’s dividends instead of waiving them

News Market Reaction

+4.63%

1 alert

+4.63% News Effect

On the day this news was published, GCBC gained 4.63%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CATSKILL, N.Y., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (NASDAQ-GCBC) today announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share on the Company’s common stock. The dividend reflects an annual cash dividend rate of $0.40 per share, which is the same rate as the dividend declared during the previous quarter.

The cash dividend for the quarter ended December 31, 2025, will be paid to shareholders of record as of February 13, 2026, and is expected to be paid on February 27, 2026.

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 has historically waived its right to receive dividends from the Company. However, for purposes of cash flow, the MHC does not intend to waive its receipts of these dividends to be paid by the Company for the quarter ended December 31, 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 dividend did Greene County Bancorp (GCBC) declare on January 21, 2026?

The board declared a quarterly cash dividend of $0.10 per share, annualized to $0.40 per share.

Who is eligible for the GCBC dividend for the quarter ended Dec 31, 2025?

Shareholders of record as of February 13, 2026 are eligible for the dividend.

When will Greene County Bancorp (GCBC) pay the declared dividend?

The dividend is expected to be paid on February 27, 2026.

How much of GCBC is owned by Greene County Bancorp, MHC and will it receive the dividend?

The MHC owns 54.1% of GCBC and does not intend to waive receipt of this quarter’s dividend.

Does the January 21, 2026 GCBC dividend represent a change from the prior quarter?

No, the declared quarterly dividend of $0.10 per share is the same rate as the previous quarter.