Greene County Bancorp, Inc. (NASDAQ: GCBC) announced on October 21, 2026, that its Board of Directors has approved a quarterly cash dividend of $0.11 per share on the Company’s common stock.
The dividend represents an annual cash dividend rate of $0.44 per share, which the company notes is consistent with the rate declared in the previous quarter.
The dividend is payable for the quarter ended September 30, 2026. Shareholders of record as of November 13, 2026, are eligible to receive the payment, which is expected to be distributed on November 27, 2026.
The Company is the majority-owned subsidiary of Greene County Bancorp, MHC (the “MHC”), a federal mutual holding company that owns 54.1% of the Company’s outstanding common shares. The MHC intends to waive its receipt of this dividend.
The MHC obtained nonobjection from the Federal Reserve Bank of Philadelphia to waive its right to receive dividends aggregating up to $0.64 per share for the four quarters ending March 31, 2026, through December 31, 2026.
