Greene County Bancorp, Inc. (GCBC) To Go Ex-Dividend on November 13th

Greene County Bancorp, Inc. (NASDAQ:GCBC) declared a quarterly dividend on Tuesday, October 20th. Investors of record on Friday, November 13th will be paid a dividend of $0.11 per share by the real estate investment trust on Friday, November 27th. This represents a $0.44 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Friday, November 13th.

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

Greene County Bancorp Stock Down 1.6%

GCBC stock opened at $35.82 on Wednesday. The business has a fifty day moving average price of $35.03 and a 200-day moving average price of $29.15. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.65 and a quick ratio of 0.65. The stock has a market capitalization of $609.66 million, a P/E ratio of 13.67 and a beta of 0.52. Greene County Bancorp has a 1-year low of $21.38 and a 1-year high of $37.25.

Greene County Bancorp (NASDAQ:GCBC) last issued its quarterly earnings data on Thursday, October 22nd. The real estate investment trust reported $0.73 earnings per share for the quarter. Greene County Bancorp had a net margin of 30.24% and a return on equity of 16.67%. The company had revenue of $24.80 million for the quarter.

Insider Buying and Selling

In other Greene County Bancorp news, Director Michelle Plummer sold 10,000 shares of the business’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $35.52, for a total transaction of $355,200.00. Following the transaction, the director owned 89,560 shares in the company, valued at $3,181,171.20. The trade was a 10.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 4.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Northwestern Mutual Wealth Management Co. grew its stake in Greene County Bancorp by 211.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,244 shares of the real estate investment trust’s stock worth $42,000 after acquiring an additional 844 shares in the last quarter. Equitable Holdings Inc. acquired a new position in Greene County Bancorp during the 2nd quarter valued at about $232,000. Deutsche Bank AG acquired a new stake in Greene County Bancorp in the 2nd quarter worth approximately $233,000. GSA Capital Partners LLP purchased a new stake in shares of Greene County Bancorp during the second quarter valued at $297,000. Finally, Squarepoint Ops LLC acquired a new position in shares of Greene County Bancorp in the second quarter valued at about $386,000. Institutional investors own 13.39% of the company’s stock.

About Greene County Bancorp

Greene County Bancorp, Inc. is the bank holding company for The Bank of Greene County, a community bank founded in 1889 and headquartered in Catskill, New York. The company provides banking services to individuals, businesses and municipalities. Its offerings include checking and savings accounts, certificates of deposit, residential mortgages, consumer loans and commercial lending. The bank also provides business banking and wealth management services. The company primarily serves New York’s Hudson Valley, with branches across Greene, Columbia, Albany and Ulster counties.