$0.40 annual rate affirmed; $0.10 dividend declared by GCBC

Rhea-AI Filing Summary

Greene County Bancorp, Inc. (GCBC) declared a quarterly cash dividend of $0.10 per share on its common stock. The payout reflects an annual dividend rate of $0.40 per share, the same rate as the prior quarter.

Greene County Bancorp, MHC, the mutual holding company and majority stockholder, owns 9,218,528 shares of the Company’s 17,026,828 total shares outstanding and has historically waived its right to receive dividends. The MHC intends to waive receipt of this dividend for the quarter ended September 30, 2025, concentrating cash distributions among public stockholders.

The Company furnished a press release with additional details as Exhibit 99.1.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 21, 2025

GREENE COUNTY BANCORP, INC.

(Exact Name of Registrant as Specified in its Charter)

United States of America		0-25165		14-1809721
(State or Other Jurisdiction of Incorporation)		(Commission File No.)		(I.R.S. Employer Identification No.)

302 Main Street, Catskill NY		12414
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (518) 943-2600

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of class	Trading symbol	Name of exchange on which registered Common
Common Stock, $0.10 par value	GCBC	The Nasdaq Stock Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events

On October 22, 2025, Greene County Bancorp, Inc. (NASDAQ-GCBC) today announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share on the Company’s common stock. The dividend reflects an annual cash dividend rate of $0.40 per share, which is the same rate as the dividend declared during the previous quarter.

A press release announcing the details of the dividend declaration is filed as exhibit 99.1.

Greene County Bancorp, MHC (the “MHC”), the mutual holding company and majority stockholder of the Company, and owner of 9,218,528 shares of the Company’s 17,026,828 total shares of common stock outstanding, has historically waived its right to receive cash dividends from the Company.  The MHC intends to waive its receipt of this dividend to be paid by the Company for the quarter ended September 30, 2025.

Item 9.01 Financial Statements and Exhibits

	Exhibit No.	Description
	99.1	Press release dated October 22, 2025

Exhibit Number	Description
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

GREENE COUNTY BANCORP, INC.

DATE: October 22, 2025	By:	/s/ Donald E. Gibson
		Donald E. Gibson
		President & Chief Executive Officer

FAQ

What dividend did GCBC declare?

GCBC declared a $0.10 per share quarterly cash dividend on its common stock.

What is GCBC’s annual dividend rate?

The annual cash dividend rate is $0.40 per share, unchanged from the previous quarter.

Does the majority holder receive the dividend?

No. Greene County Bancorp, MHC intends to waive receipt of this quarter’s dividend.

How many GCBC shares are outstanding?

Total shares outstanding are 17,026,828.

How many shares does the MHC own?

The MHC owns 9,218,528 GCBC shares.

Where can I find more details?

See the Company’s press release filed as Exhibit 99.1.