Greene County Bancorp sets $0.10 dividend; MHC to waive it
Greene County Bancorp, Inc. (GCBC) declared a quarterly cash dividend of $0.10 per share on its common stock.
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Rhea-AI Filing Summary
Greene County Bancorp, Inc. (GCBC) declared a quarterly cash dividend of $0.10 per share on its common stock. The payout reflects an annual dividend rate of $0.40 per share, the same rate as the prior quarter.
Greene County Bancorp, MHC, the mutual holding company and majority stockholder, owns 9,218,528 shares of the Company’s 17,026,828 total shares outstanding and has historically waived its right to receive dividends. The MHC intends to waive receipt of this dividend for the quarter ended September 30, 2025, concentrating cash distributions among public stockholders.
The Company furnished a press release with additional details as Exhibit 99.1.
8-K Event Classification
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