Greene County Bancorp, Inc. Announces Cash Dividend
Greene County Bancorp (NASDAQ:GCBC) has declared a quarterly cash dividend of $0.09 per share, maintaining an annual rate of $0.36 per share. The dividend will be paid on February 28, 2025, to shareholders of record as of February 14, 2025.
Greene County Bancorp MHC, which owns 54.1% of the company's outstanding shares, will waive its dividend receipt. The Federal Reserve Bank of Philadelphia has granted approval for MHC to waive dividends up to $0.48 per share for the four quarters ending December 31, 2024, through September 30, 2025.
The company operates through its subsidiaries, Bank of Greene County and Greene County Commercial Bank, serving the Hudson Valley Region and Capital District Region in New York State.
Greene County Bancorp (NASDAQ:GCBC) ha dichiarato un dividendo in contante trimestrale di $0,09 per azione, mantenendo un tasso annuale di $0,36 per azione. Il dividendo sarà pagato il 28 febbraio 2025 agli azionisti registrati al 14 febbraio 2025.
Greene County Bancorp MHC, che possiede il 54,1% delle azioni in circolazione della compagnia, rinuncerà alla ricezione del dividendo. La Federal Reserve Bank di Filadelfia ha concesso l'approvazione per MHC di rinunciare ai dividendi fino a $0,48 per azione per i quattro trimestri che terminano il 31 dicembre 2024, fino al 30 settembre 2025.
La compagnia opera attraverso le sue sussidiarie, Bank of Greene County e Greene County Commercial Bank, servendo la regione della Hudson Valley e la regione del Capital District nello Stato di New York.
Greene County Bancorp (NASDAQ:GCBC) ha declarado un dividendo en efectivo trimestral de $0,09 por acción, manteniendo una tasa anual de $0,36 por acción. El dividendo se pagará el 28 de febrero de 2025 a los accionistas registrados hasta el 14 de febrero de 2025.
Greene County Bancorp MHC, que posee el 54,1% de las acciones en circulación de la compañía, renunciará a recibir el dividendo. La Reserva Federal de Filadelfia ha otorgado la aprobación para que MHC renuncie a dividendos de hasta $0,48 por acción durante los cuatro trimestres que finalizan el 31 de diciembre de 2024, hasta el 30 de septiembre de 2025.
La compañía opera a través de sus subsidiarias, Bank of Greene County y Greene County Commercial Bank, sirviendo a la región del Valle del Hudson y la región del Capital District en el estado de Nueva York.
그린 카운티 밴코프 (NASDAQ:GCBC)은 주당 $0.09의 분기 현금 배당금을 선언하며, 주당 연간 비율을 $0.36로 유지합니다. 배당금은 2025년 2월 28일에 2025년 2월 14일 기준 주주에게 지급됩니다.
그린 카운티 밴코프 MHC는 회사의 유통 주식의 54.1%를 소유하고 있으며, 배당금 수령을 포기할 것입니다. 필라델피아 연방준비은행은 MHC가 2024년 12월 31일 기준으로 종료되는 4분기 동안 주당 최대 $0.48의 배당금을 포기할 수 있도록 승인했습니다. 이 기간은 2025년 9월 30일까지입니다.
회사는 서브 시디어리인 그린 카운티 은행과 그린 카운티 상업 은행을 통해 운영되며, 뉴욕주 허드슨 밸리 지역과 캐피탈 디스트릭트 지역에 서비스를 제공합니다.
Greene County Bancorp (NASDAQ:GCBC) a déclaré un dividende en espèces trimestriel de 0,09 $ par action, maintenant un taux annuel de 0,36 $ par action. Le dividende sera payé le 28 février 2025 aux actionnaires inscrits au 14 février 2025.
Greene County Bancorp MHC, qui détient 54,1 % des actions en circulation de l'entreprise, renoncera à la réception de son dividende. La Federal Reserve Bank de Philadelphie a accordé son approbation pour que MHC renonce à des dividendes allant jusqu'à 0,48 $ par action pour les quatre trimestres se terminant le 31 décembre 2024, jusqu'au 30 septembre 2025.
La société opère à travers ses filiales, la Bank of Greene County et la Greene County Commercial Bank, desservant la région de la Hudson Valley et la région du Capital District dans l'État de New York.
Greene County Bancorp (NASDAQ:GCBC) hat eine vierteljährliche Bargelddividende von 0,09 $ pro Aktie erklärt und damit eine Jahresrate von 0,36 $ pro Aktie beibehalten. Die Dividende wird am 28. Februar 2025 an die zum 14. Februar 2025 eingetragenen Aktionäre ausgezahlt.
Greene County Bancorp MHC, das 54,1 % der ausstehenden Aktien des Unternehmens besitzt, wird auf den Erhalt seiner Dividende verzichten. Die Federal Reserve Bank von Philadelphia hat die Genehmigung erteilt, dass MHC auf Dividenden bis zu 0,48 $ pro Aktie für die vier Quartale, die am 31. Dezember 2024 enden, bis zum 30. September 2025 verzichten kann.
Das Unternehmen operiert über seine Tochtergesellschaften, die Bank of Greene County und die Greene County Commercial Bank, und bedient die Hudson Valley Region und die Capital District Region im Bundesstaat New York.
- Maintained consistent quarterly dividend of $0.09 per share
- MHC received Federal Reserve approval to waive dividends up to $0.48 per share through September 2025
- None.
CATSKILL, N.Y., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (NASDAQ-GCBC) today announced that its Board of Directors has approved a quarterly cash dividend of
The cash dividend for the quarter ended December 31, 2024 will be paid to shareholders of record as of February 14, 2025, and is expected to be paid on February 28, 2025.
The Company is the majority-owned subsidiary of Greene County Bancorp, MHC (the “MHC”), a federal mutual holding company, which owns
Greene County Bancorp, Inc. is the direct and indirect holding company for the Bank of Greene County, a federally chartered savings bank, and Greene County Commercial Bank, a New York-chartered commercial bank, both headquartered in Catskill, New York. Our primary market is the Hudson Valley Region and Capital District Region in New York State. For more information on Greene County Bancorp, Inc., visit www.tbogc.com.
For Further Information Contact:
Donald E. Gibson
President and Chief Executive Officer
(518) 943-2600
donaldg@tbogc.com
FAQ
What is Greene County Bancorp's (GCBC) current quarterly dividend amount?
When will GCBC pay its latest quarterly dividend?
How much of GCBC's shares are owned by Greene County Bancorp MHC?
What is the dividend waiver amount approved by the Federal Reserve for GCBC's MHC?
Has GCBC changed its dividend rate compared to the previous quarter?
