DividendJul 22, 2026, 08:16 AM
Greene County Bancorp Increases Quarterly Dividend to $0.11/Share
AI Summary
Greene County Bancorp, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.11 per share on its common stock. This represents a 10.0% increase in the annual cash dividend rate, moving from $0.40 to $0.44 per share. The dividend for the quarter ended June 30, 2026, will be paid on August 31, 2026, to shareholders of record as of August 14, 2026. The majority owner, Greene County Bancorp, MHC, will waive its receipt of this dividend, having received nonobjection from the Federal Reserve Bank of Philadelphia.
Key Highlights
- Quarterly cash dividend of $0.11 per share approved.
- Annual cash dividend rate increased by 10.0% to $0.44 per share.
- Previous annual cash dividend was $0.40 per share.
- Dividend for Q2 2026 payable to shareholders of record as of August 14, 2026.
- Payment date for the dividend is expected to be August 31, 2026.
- Greene County Bancorp, MHC (54.1% owner) is waiving its receipt of this dividend.
- MHC received Federal Reserve nonobjection to waive dividends up to $0.64 per share for four quarters.
Price Impact
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