Greene County Bancorp (NASDAQ:GCBC) declared a quarterly dividend on Wednesday, April 17th, Zacks reports. Investors of record on Wednesday, May 15th will be given a dividend of 0.10 per share by the real estate investment trust on Friday, May 31st. This represents a $0.40 annualized dividend and a dividend yield of 1.35%. The ex-dividend date is Tuesday, May 14th.
Greene County Bancorp has raised its dividend payment by an average of 2.7% annually over the last three years.
NASDAQ GCBC opened at $29.65 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.73 and a current ratio of 0.73. Greene County Bancorp has a 1 year low of $28.85 and a 1 year high of $36.60. The firm has a market capitalization of $250.59 million, a P/E ratio of 15.45 and a beta of 0.39.
In other news, Director Jay P. Cahalan bought 900 shares of the business’s stock in a transaction that occurred on Friday, January 25th. The shares were purchased at an average cost of $30.99 per share, with a total value of $27,891.00. Following the transaction, the director now directly owns 4,350 shares in the company, valued at $134,806.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Over the last three months, insiders purchased 1,793 shares of company stock worth $55,741. 7.60% of the stock is owned by insiders.
A hedge fund recently raised its stake in Greene County Bancorp stock. Geode Capital Management LLC boosted its stake in shares of Greene County Bancorp (NASDAQ:GCBC) by 10.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 17,977 shares of the real estate investment trust’s stock after purchasing an additional 1,726 shares during the period. Geode Capital Management LLC owned approximately 0.21% of Greene County Bancorp worth $559,000 at the end of the most recent quarter. 4.73% of the stock is currently owned by hedge funds and other institutional investors.
Separately, BidaskClub raised Greene County Bancorp from a “hold” rating to a “buy” rating in a research report on Tuesday, December 25th.
About Greene County Bancorp
Greene County Bancorp, Inc operates as a holding company for The Bank of Greene County that provides various financial services. Its deposit products include savings, NOW accounts, money market accounts, certificates of deposit and non-interest bearing checking accounts, and individual retirement accounts.
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