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

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 is Friday, November 15th.

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

Greene County Bancorp Stock Performance

Shares of GCBC stock opened at $34.39 on Wednesday. The stock has a market capitalization of $585.66 million, a PE ratio of 23.72 and a beta of 0.42. Greene County Bancorp has a 52-week low of $23.51 and a 52-week high of $37.25. The stock’s 50-day moving average price is $30.23 and its 200 day moving average price is $31.28. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.14.

Insider Activity at Greene County Bancorp

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

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.