Greene County Bancorp, Inc. (NASDAQ:GCBC) Declares $0.09 Quarterly Dividend

Greene County Bancorp, Inc. (NASDAQ:GCBC) announced a quarterly dividend on Tuesday, October 15th,Wall Street Journal reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.09 per share by the real estate investment trust on Friday, November 29th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, November 15th.

Greene County Bancorp has raised its dividend payment by an average of 9.3% annually over the last three years and has raised its dividend annually for the last 11 consecutive years.

Greene County Bancorp Stock Performance

GCBC opened at $34.39 on Wednesday. The business’s 50 day moving average is $30.23 and its 200-day moving average is $31.28. The stock has a market cap of $585.66 million, a PE ratio of 23.72 and a beta of 0.42. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.14. Greene County Bancorp has a twelve month low of $23.51 and a twelve month high of $37.25.

Insider Activity

In other Greene County Bancorp news, Director Tejraj S. Hada purchased 2,000 shares of the business’s stock in a transaction dated Friday, November 1st. The shares were bought at an average price of $28.00 per share, with a total value of $56,000.00. Following the completion of the acquisition, the director now owns 8,651 shares in the company, valued at approximately $242,228. This represents a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Tejraj S. Hada bought 2,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were purchased at an average price of $28.00 per share, with a total value of $56,000.00. Following the completion of the acquisition, the director now directly owns 8,651 shares in the company, valued at approximately $242,228. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Nick Barzee bought 892 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The shares were purchased at an average cost of $28.57 per share, for a total transaction of $25,484.44. Following the acquisition, the chief financial officer now owns 900 shares of the company’s stock, valued at $25,713. This represents a 11,100.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 5.10% of the company’s stock.

About Greene County Bancorp

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