Greene County Bancorp, Inc. (GCBC) Declares Quarterly Dividend of $0.10

Greene County Bancorp, Inc. (NASDAQ:GCBC) announced a quarterly dividend on Thursday, April 19th, Wall Street Journal reports. Shareholders of record on Tuesday, May 15th will be paid a dividend of 0.0975 per share by the real estate investment trust on Thursday, May 31st. This represents a $0.39 annualized dividend and a yield of 1.15%. The ex-dividend date is Monday, May 14th. This is an increase from Greene County Bancorp’s previous quarterly dividend of $0.10.

GCBC traded down $2.60 during midday trading on Thursday, hitting $33.80. 1,017 shares of the company were exchanged, compared to its average volume of 3,170. The company has a market capitalization of $309.47, a P/E ratio of 24.40 and a beta of 0.33. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.73 and a current ratio of 0.73. Greene County Bancorp has a 1-year low of $22.16 and a 1-year high of $38.00.

Greene County Bancorp (NASDAQ:GCBC) last announced its quarterly earnings results on Wednesday, January 24th. The real estate investment trust reported $0.40 earnings per share for the quarter. The company had revenue of $10.35 million for the quarter. Greene County Bancorp had a return on equity of 14.80% and a net margin of 30.36%.

Separately, BidaskClub cut Greene County Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, February 14th.

A hedge fund recently raised its stake in Greene County Bancorp stock. Vanguard Group Inc. increased its holdings in shares of Greene County Bancorp, Inc. (NASDAQ:GCBC) by 1.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 71,090 shares of the real estate investment trust’s stock after acquiring an additional 1,335 shares during the period. Vanguard Group Inc. owned approximately 0.84% of Greene County Bancorp worth $1,934,000 as of its most recent SEC filing. Institutional investors own 4.63% of the company’s stock.

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About Greene County Bancorp

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.

Dividend History for Greene County Bancorp (NASDAQ:GCBC)

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