Greene County Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on or About February 28, 2017
January 18, 2017 at 09:12 am EST
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Greene County Bancorp, Inc. announced that its board of directors has approved a quarterly cash dividend of $0.095 per share on the company’s common stock. The dividend reflects an annual cash dividend rate of $0.38 per share, which is the same rate as the dividend declared during the previous quarter. The cash dividend for the quarter ended December 31, 2016 will be paid to shareholders of record as of February 15, 2017, and is expected to be paid on or about February 28, 2017.
Greene County Bancorp, Inc. operates as the holding company of The Bank of Greene County (the Bank). The Bankâs principal business consists of attracting retail deposits from the general public in the areas surrounding its branches and investing those deposits, together with funds generated from operations and borrowings, primarily in residential mortgage loans, commercial real estate mortgage loans, consumer loans, home equity loans and commercial business loans. In addition, The Bank invests a significant portion of its assets in state and political subdivision securities and mortgage-backed securities. The Bank offers investment alternatives for customers. The Bank operates a subsidiary, Greene County Commercial Bank, which receives deposits only to the extent of accepting for deposit the funds of the United States and the state of New York and their respective agents, authorities and instrumentalities, and local governments. The Bank also operates a real estate investment trust.
GREENE COUNTY BANCORP, INC. 
