Greene County Bancorp, Inc. to Issue Quarterly Dividend of $0.08 (NASDAQ:GCBC)

Greene County Bancorp, Inc. (NASDAQ:GCBCGet Free Report) declared a quarterly dividend on Wednesday, January 17th, Zacks reports. Stockholders of record on Thursday, February 15th will be given a dividend of 0.08 per share by the real estate investment trust on Wednesday, February 28th. This represents a $0.32 annualized dividend and a dividend yield of 1.15%. The ex-dividend date is Wednesday, February 14th.

Greene County Bancorp has raised its dividend by an average of 37.7% per year over the last three years and has increased its dividend annually for the last 10 consecutive years.

Greene County Bancorp Trading Up 7.1 %

GCBC stock opened at $27.89 on Monday. The firm has a market cap of $474.97 million, a P/E ratio of 17.65 and a beta of 0.39. Greene County Bancorp has a 12-month low of $17.50 and a 12-month high of $36.78. The stock’s 50 day simple moving average is $27.11 and its 200 day simple moving average is $27.21.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Greene County Bancorp from a “hold” rating to a “sell” rating in a research report on Saturday, December 23rd.

View Our Latest Analysis on Greene County Bancorp

Institutional Investors Weigh In On Greene County Bancorp

Large investors have recently added to or reduced their stakes in the stock. American International Group Inc. acquired a new position in shares of Greene County Bancorp during the second quarter valued at $72,000. Royal Bank of Canada acquired a new stake in Greene County Bancorp during the 1st quarter worth about $65,000. Citigroup Inc. boosted its position in Greene County Bancorp by 53,150.0% during the 2nd quarter. Citigroup Inc. now owns 2,130 shares of the real estate investment trust’s stock worth $63,000 after acquiring an additional 2,126 shares during the period. California State Teachers Retirement System boosted its position in Greene County Bancorp by 88.8% during the 1st quarter. California State Teachers Retirement System now owns 2,552 shares of the real estate investment trust’s stock worth $58,000 after acquiring an additional 1,200 shares during the period. Finally, UBS Group AG purchased a new stake in shares of Greene County Bancorp during the 3rd quarter worth about $54,000. 13.37% of the stock is owned by institutional investors and hedge funds.

About Greene County Bancorp

(Get Free Report)

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.

Recommended Stories

Dividend History for Greene County Bancorp (NASDAQ:GCBC)

Receive News & Ratings for Greene County Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Greene County Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.