dividend
confidence high
sentiment positive
materiality 0.50
Greene County Bancorp raises quarterly dividend 14.3% to $0.08; MHC ends waiver
GREENE COUNTY BANCORP INC
- Quarterly dividend of $0.08 per share (annual $0.32), up 14.3% from $0.28.
- Record date August 14, 2023; payable August 31, 2023.
- Majority-owner MHC (54.1% of shares) will not waive dividend for Q ended June 30, citing cash flow and liquidity.
- MHC previously waived dividends; this change affects ~$737K quarterly payout to MHC.