Greene County Bancorp, Inc. Announces Cash Dividend
The majority owner, which holds 54.1% of outstanding common shares, is waiving receipt of the dividend.
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Rhea-AI Summary
Greene County Bancorp (GCBC) approved a quarterly cash dividend of $0.11 per share, unchanged from the previous quarter. The annual cash dividend rate is $0.44 per share. The dividend covers the quarter ended September 30, 2026, and is expected to be paid on November 27, 2026, to shareholders of record on November 13, 2026. Greene County Bancorp, MHC, which owns 54.1% of outstanding common shares, is waiving receipt of this dividend.
Positive
- Minor pointGreene County Bancorp, MHC, owner of 54.1% of outstanding common shares, is waiving this dividend.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CATSKILL, N.Y., Oct. 21, 2026 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (NASDAQ-GCBC) today announced that its Board of Directors has approved a quarterly cash dividend of
The cash dividend for the quarter ended September 30, 2026, will be paid to shareholders of record as of November 13, 2026, and is expected to be paid on November 27, 2026.
The Company is the majority-owned subsidiary of Greene County Bancorp, MHC (the “MHC”), a federal mutual holding company, which owns
Greene County Bancorp, Inc. is the holding company for Bank of Greene (formerly the Bank of Greene County), and its subsidiary Greene County Commercial Bank. The Company is the leading provider of community-based banking services throughout the Hudson Valley and Capital Regions of New York State. Its customers include individuals, businesses, municipalities and other institutions. Greene County Bancorp, Inc. (GCBC) is publicly traded on the Nasdaq Capital Market and is dedicated to promoting economic development and a high quality of life in the communities it serves. For more information on Greene County Bancorp, Inc., visit www.bankofgreene.com.
For Further Information Contact:
Donald E. Gibson
President and Chief Executive Officer
(518) 943-2600
donaldg@bankofgreene.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much is Greene County Bancorp's quarterly dividend, and when is it payable?
The quarterly dividend is $0.11 per share, with payment expected on November 27, 2026, to shareholders of record on November 13, 2026. The annual cash dividend rate is $0.44 per share, unchanged from the previous quarter.
What regulatory nonobjection did Greene County Bancorp's majority owner receive for dividend waivers?
Greene County Bancorp, MHC received the Federal Reserve Bank of Philadelphia's nonobjection to waive dividends aggregating up to $0.64 per share. This covers dividends paid for the four quarters ending March 31, June 30, September 30, and December 31, 2026.