Greene County Bancorp (NASDAQ:GCBC) Increases Dividend to $0.11 Per Share

Greene County Bancorp (NASDAQ:GCBC) announced a quarterly dividend on Tuesday, July 16th, Zacks reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.11 per share by the real estate investment trust on Friday, August 30th. This represents a $0.44 annualized dividend and a yield of 1.66%. The ex-dividend date is Wednesday, August 14th. This is an increase from Greene County Bancorp’s previous quarterly dividend of $0.10.

Greene County Bancorp has increased its dividend by an average of 2.7% annually over the last three years.

NASDAQ:GCBC opened at $26.51 on Tuesday. Greene County Bancorp has a one year low of $26.19 and a one year high of $35.00. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.74 and a current ratio of 0.74. The stock has a market capitalization of $228.39 million, a price-to-earnings ratio of 13.05 and a beta of 0.40. The firm has a fifty day simple moving average of $28.05.

Greene County Bancorp (NASDAQ:GCBC) last posted its quarterly earnings results on Wednesday, July 24th. The real estate investment trust reported $0.49 EPS for the quarter. Greene County Bancorp had a net margin of 31.98% and a return on equity of 16.81%. The company had revenue of $12.48 million for the quarter.

Separately, BidaskClub downgraded shares of Greene County Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, June 26th.

In other news, Director Peter W. Hogan acquired 2,000 shares of the firm’s stock in a transaction on Tuesday, June 4th. The stock was acquired at an average price of $29.31 per share, for a total transaction of $58,620.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders acquired 3,657 shares of company stock valued at $104,128. Insiders own 7.60% of the company’s stock.

Greene County Bancorp Company Profile

Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services. Its deposit products include savings, NOW accounts, money market accounts, certificates of deposit and non-interest bearing checking accounts, and individual retirement accounts.

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Dividend History for Greene County Bancorp (NASDAQ:GCBC)

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