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

Greene County Bancorp, Inc. (NASDAQ:GCBC) announced a quarterly dividend on Wednesday, January 22nd,RTT News reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.09 per share by the real estate investment trust on Friday, February 28th. This represents a $0.36 annualized dividend and a dividend yield of 1.34%.

Greene County Bancorp has increased its dividend payment by an average of 10.8% per year over the last three years and has increased its dividend every year for the last 11 years.

Greene County Bancorp Price Performance

GCBC stock opened at $26.85 on Thursday. The company’s fifty day moving average price is $29.30 and its 200-day moving average price is $30.67. Greene County Bancorp has a one year low of $24.10 and a one year high of $37.25. The company has a market capitalization of $457.26 million, a PE ratio of 18.52 and a beta of 0.46. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.65 and a current ratio of 0.65.

Greene County Bancorp (NASDAQ:GCBC) last announced its earnings results on Wednesday, January 22nd. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter. Greene County Bancorp had a net margin of 20.28% and a return on equity of 12.03%. During the same quarter in the previous year, the business posted $0.34 EPS.

Insider Activity at Greene County Bancorp

In other Greene County Bancorp news, CFO Nick Barzee acquired 892 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The stock was bought at an average price of $28.57 per share, for a total transaction of $25,484.44. Following the acquisition, the chief financial officer now directly owns 900 shares in the company, valued at $25,713. The trade was a 11,150.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Tejraj S. Hada bought 2,000 shares of Greene County Bancorp stock in a transaction on Friday, November 1st. The stock was acquired at an average price of $28.00 per share, for a total transaction of $56,000.00. Following the purchase, the director now owns 8,651 shares of the company’s stock, valued at approximately $242,228. This trade represents a 30.07 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 5.10% of the stock is currently owned by insiders.

Greene County Bancorp Company Profile

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.