Greene County Bancorp, Inc. Announces Cash Dividend Increase
20 Julho 2022 - 10:47AM
Greene County Bancorp, Inc. (NASDAQ-GCBC) today announced that its
Board of Directors has approved a quarterly cash dividend of $0.14
per share on the Company’s common stock. The dividend reflects an
annual cash dividend rate of $0.56 per share, which represents a
7.7% increase from the previous annual cash dividend rate of $0.52
per share.
The cash dividend for the quarter ended June 30,
2022 will be paid to shareholders of record as of August 15, 2022,
and is expected to be paid on August 31, 2022.
The Company is the majority-owned subsidiary of
Greene County Bancorp, MHC (the “MHC”), a federal mutual holding
company which owns 54.1% of the Company’s outstanding common
shares. The MHC is waiving its receipt of this dividend. The MHC
received the approval of its members (depositors of The Bank of
Greene County) and the non-objection of the Federal Reserve Bank of
Philadelphia to waive the MHC’s receipt of quarterly cash dividends
aggregating up to $0.60 per share, paid by the Company for the four
quarters ending with the quarters that end on June 30, 2022,
September 30, 2022, December 31, 2022 and March 31, 2023.
Greene County Bancorp, Inc. is the direct and
indirect holding company, respectively, 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. The Banks serve the market
area currently concentrated around the areas within the Hudson
Valley Region of New York.
For Further Information
Contact:Donald E. GibsonPresident and Chief Executive
Officer(518) 943-2600donaldg@tbogc.com
Greene County Bancorp (NASDAQ:GCBC)
Gráfico Histórico do Ativo
De Jan 2025 até Fev 2025
Greene County Bancorp (NASDAQ:GCBC)
Gráfico Histórico do Ativo
De Fev 2024 até Fev 2025