Greene County Bancorp Declares Quarterly Cash Dividend for Investors

Greene County Bancorp Announces Quarterly Dividend
Greene County Bancorp, Inc. (NASDAQ: GCBC) proudly announces its decision to issue a quarterly cash dividend of $0.10 per share on its common stock. This marks a consistent annual dividend rate maintained at $0.40 per share, aligning with the previously declared dividend from the last quarter. The Board of Directors has authorized this significant financial step, showcasing the company’s commitment to return value to its shareholders.
Details on Dividend Payment
The latest cash dividend, applicable for the quarter ended September 30, 2025, is set to benefit shareholders who are on the record as of November 14, 2025. Payments are projected to be distributed on November 28, 2025. This regularity in maintaining dividend payouts reflects Greene County Bancorp’s solid performance and steadfast financial stability.
Company Structure and Leadership
Greene County Bancorp, Inc. functions as the majority-owned subsidiary of Greene County Bancorp, MHC, a federal mutual holding company possessing 54.1% of the outstanding common shares. Notably, the MHC will waive its entitlement to dividends for this quarter, having received approval from the Federal Reserve Bank of Philadelphia to do so. This waiver applies to the total dividends for four quarters culminating in the current period.
Operational Insights
Greene County Bancorp, Inc. serves as the direct and indirect holding entity for two banks: the Bank of Greene County and Greene County Commercial Bank. These institutions are dearly rooted in Catskill and focus primarily on the Hudson Valley Region and the Capital District in New York. The company emphasizes community engagement and financial growth, aiming to enrich the lives of individuals and businesses in its operational regions.
Contact Information for Further Inquiries
For any inquiries regarding this news, interested parties are encouraged to reach out to: Donald E. Gibson, President and Chief Executive Officer, at (518) 943-2600 or via email at donaldg@tbogc.com.
Frequently Asked Questions
What is the dividend amount declared by Greene County Bancorp?
Greene County Bancorp has declared a quarterly cash dividend of $0.10 per share.
When will the dividend be paid to shareholders?
The dividend payment is expected on November 28, 2025, for shareholders of record as of November 14, 2025.
What percentage of shares does the MHC own in Greene County Bancorp?
The MHC owns 54.1% of Greene County Bancorp's outstanding common shares.
Who can I contact for more information about Greene County Bancorp?
For additional information, reach out to Donald E. Gibson at (518) 943-2600 or email him at donaldg@tbogc.com.
What areas does Greene County Bancorp serve?
The company operates primarily within the Hudson Valley Region and the Capital District Region in New York State.
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