Greene County Bancorp, Inc. Announces Cash Dividend | GCBC Stock News

Apr 16, 2025

Greene County Bancorp (GCBC, Financial) announces a quarterly cash dividend of $0.09 per share.
The annual dividend rate remains at $0.36 per share, unchanged from the previous quarter.
MHC, which owns 54.1% of GCBC's shares, has received approval to waive dividends up to $0.48 per share through September 2025.

Greene County Bancorp, Inc. (NASDAQ:GCBC) has declared a quarterly cash dividend of $0.09 per share on its common stock, maintaining the annual dividend rate at $0.36 per share. This rate remains consistent with the previous quarter's dividend.

The announced dividend will be payable on May 30, 2025, to shareholders recorded as of May 16, 2025. Greene County Bancorp, MHC, the federal mutual holding company holding 54.1% of the company's outstanding shares, has obtained approval from the Federal Reserve Bank of Philadelphia to waive its dividend rights up to $0.48 per share over the next four quarters ending September 30, 2025.

Greene County Bancorp, Inc. serves as the direct and indirect holding company for the Bank of Greene County and Greene County Commercial Bank, which are both headquartered in Catskill, New York. The company primarily operates in the Hudson Valley Region and Capital District Region of New York State.

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