StockWatch
·
Banks
DividendApr 22, 2026, 10:06 AM

Greene County Bancorp Declares $0.10 Quarterly Cash Dividend

AI Summary

Greene County Bancorp, Inc. announced its Board of Directors approved a quarterly cash dividend of $0.10 per share. This maintains an annual cash dividend rate of $0.40 per share, consistent with the previous quarter. The dividend for the quarter ended March 31, 2026, will be paid on May 29, 2026, to shareholders of record as of May 15, 2026. The majority-owned subsidiary, Greene County Bancorp, MHC, which holds 54.1% of outstanding common shares, is waiving its right to receive this dividend, with Federal Reserve Bank of Philadelphia's nonobjection for waivers up to $0.64 per share for four quarters.

Key Highlights

  • Board approved a quarterly cash dividend of $0.10 per share.
  • Annual cash dividend rate remains $0.40 per share.
  • Dividend payable on May 29, 2026, to shareholders of record as of May 15, 2026.
  • MHC, owning 54.1% of shares, is waiving its receipt of this dividend.
  • MHC received nonobjection to waive up to $0.64 per share for four quarters.