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-0.0341419586702606 -0.0341419586702606 -0.0341419586702606 -0.0386343216531896 -0.0386343216531896 -0.0386343216531896 -0.0386343216531896 -0.0386343216531896
Stock impact report

Greene County Bancorp, Inc. Announces Cash Dividend

Greene County Bancorp, Inc. (GCBC) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4040227
Company Research Source: GlobeNewswire
CATSKILL, N.Y., April 23, 2020 (GLOBE NEWSWIRE) -- Greene County Bancorp, Inc. (NASDAQ-GCBC) today announced that its Board of Directors has approved a quarterly cash dividend of $0.11 per share on the Company’s common stock. The dividend reflects an annual cash dividend rate of $0.44 per share, which is the same rate as the dividend declared during the previous quarter. The cash dividend for the quarter ended March 31, 2020 will be paid to shareholders of record as of May 15, 2020, and is expected to be paid on May 29, 2020. The Company is the majority-owned subsidiary of Greene County Bancorp, MHC (the “MHC”), a federal mutual holding company which owns 54.0% 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 $0.5 Show less Read more
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