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

Greene County Bancorp, Inc. (NASDAQ:GCBC - Get Free Report) announced a quarterly dividend on Wednesday, January 22nd,RTT News reports. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Friday, February 14th.

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 Stock Down 3.0 %

NASDAQ:GCBC traded down $0.80 during trading hours on Thursday, reaching $26.05. The company's stock had a trading volume of 18,516 shares, compared to its average volume of 28,323. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market cap of $443.63 million, a price-to-earnings ratio of 17.97 and a beta of 0.46. The business's 50-day moving average is $29.30 and its 200-day moving average is $30.67. Greene County Bancorp has a one year low of $24.10 and a one year high of $37.25.

Greene County Bancorp (NASDAQ:GCBC - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The real estate investment trust reported $0.44 earnings per share for the quarter. Greene County Bancorp had a return on equity of 12.03% and a net margin of 20.28%. During the same period last year, the company posted $0.34 EPS.

Insider Buying and Selling

In related news, CFO Nick Barzee bought 892 shares of the business's stock in a transaction dated Friday, October 25th. The stock was purchased at an average cost of $28.57 per share, for a total transaction of $25,484.44. Following the transaction, the chief financial officer now owns 900 shares in the company, valued at $25,713. The trade was a 11,150.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Tejraj S. Hada purchased 2,000 shares of the business's stock in a transaction dated Friday, November 1st. The shares were purchased at an average cost of $28.00 per share, with a total value of $56,000.00. Following the acquisition, the director now owns 8,651 shares in the company, valued at $242,228. This trade represents a 30.07 % increase in their position. The disclosure for this purchase can be found here. 5.10% of the stock is owned by company insiders.

About Greene County Bancorp

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.