Greene County Bancorp, Inc. Announces Cash Dividend
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Greene County Bancorp (GCBC) announced a quarterly cash dividend of $0.09 per share, maintaining its annual dividend rate of $0.36. The dividend will be paid to shareholders of record on May 16, 2025, with payment expected on May 30, 2025. The company's majority owner, Greene County Bancorp, MHC, has waived its right to receive the dividend with approval from the Federal Reserve Bank of Philadelphia.
April 16, 2025 | 1:15 pm
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NEUTRAL IMPACT
The consistent dividend indicates financial stability and steady performance for the bank, which operates in the Hudson Valley and Capital District regions of New York.
Maintaining the same dividend rate suggests the bank's financial performance remains consistent, which typically signals stability to investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100