Greene County Bancorp, Inc. (NASDAQ:GCBC) Declares Quarterly Dividend of $0.10

Greene County Bancorp, Inc. (NASDAQ:GCBC) declared a quarterly dividend on Wednesday, January 21st. Investors of record on Friday, February 13th will be given a dividend of 0.10 per share by the real estate investment trust on Friday, February 27th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, February 13th.

Greene County Bancorp has increased its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 11 years.

Greene County Bancorp Price Performance

Greene County Bancorp stock opened at $23.03 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.65 and a quick ratio of 0.65. Greene County Bancorp has a twelve month low of $20.00 and a twelve month high of $27.62. The firm has a 50 day moving average price of $22.85 and a 200-day moving average price of $23.22.

Greene County Bancorp (NASDAQ:GCBC) last announced its quarterly earnings results on Wednesday, January 21st. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter. Greene County Bancorp had a net margin of 24.62% and a return on equity of 14.44%. The firm had revenue of $22.22 million for the quarter.

Insider Buying and Selling at Greene County Bancorp

In other news, Director Tejraj S. Hada bought 3,000 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was acquired at an average price of $21.96 per share, with a total value of $65,880.00. Following the completion of the purchase, the director directly owned 27,923 shares in the company, valued at $613,189.08. This represents a 12.04% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Jay P. Cahalan purchased 4,300 shares of Greene County Bancorp stock in a transaction on Friday, October 24th. The shares were acquired at an average price of $22.73 per share, for a total transaction of $97,739.00. Following the completion of the transaction, the director directly owned 35,424 shares of the company’s stock, valued at approximately $805,187.52. The trade was a 13.82% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 16,075 shares of company stock worth $358,148 over the last 90 days. Corporate insiders own 59.20% of the company’s stock.

Hedge Funds Weigh In On Greene County Bancorp

Institutional investors and hedge funds have recently made changes to their positions in the business. CWM LLC grew its stake in shares of Greene County Bancorp by 55.8% during the second quarter. CWM LLC now owns 1,689 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 605 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Greene County Bancorp by 31.1% in the second quarter. BNP Paribas Financial Markets now owns 1,897 shares of the real estate investment trust’s stock worth $42,000 after purchasing an additional 450 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of Greene County Bancorp by 658.6% in the second quarter. Tower Research Capital LLC TRC now owns 2,215 shares of the real estate investment trust’s stock worth $49,000 after buying an additional 1,923 shares during the period. Two Sigma Investments LP purchased a new position in shares of Greene County Bancorp in the third quarter worth $221,000. Finally, First Trust Advisors LP bought a new stake in Greene County Bancorp during the 2nd quarter valued at $241,000. Institutional investors own 13.39% of the company’s stock.

About Greene County Bancorp

Greene County Bancorp, Inc is the bank holding company for Greene County Community Bank, a full-service commercial bank based in Waynesburg, Pennsylvania. The company traces its roots to the early 20th century and has cultivated a reputation for community-focused banking in Greene County and the surrounding region of southwestern Pennsylvania.

Through its subsidiary, the company offers a broad range of financial products and services, including personal and business deposit accounts, residential and commercial real estate loans, consumer installment loans, and agricultural financing.