Greene County Bancorp Files 8-K

TL;DR

GCBC filed a routine 8-K, no major news.

AI Summary

Greene County Bancorp, Inc. filed an 8-K on July 17, 2024, reporting other events and financial statements. The filing does not contain specific details on transactions or financial figures beyond the standard reporting requirements.

Why It Matters

This 8-K filing indicates that Greene County Bancorp is fulfilling its regulatory reporting obligations with the SEC, which is standard practice for publicly traded companies.

Risk Assessment

Risk Level: low — The filing is a standard 8-K for reporting events and financial statements, with no indication of unusual or high-risk activities.

Key Players & Entities

• GREENE COUNTY BANCORP, INC. (company) — Registrant
• July 17, 2024 (date) — Date of earliest event reported
• 302 Main Street, Catskill NY 12414 (address) — Principal Executive Offices
• 518-943-2600 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.10 — which registered Common Common Stock, $0.10 par value GCBC The Nasdaq Stock Mar
• $0.09 — s approved a quarterly cash dividend of $0.09 per share on the Company's common stock
• $0.36 — eflects an annual cash dividend rate of $0.36 per share which represents a 12.5% incr
• $0.32 — om the previous annual cash dividend of $0.32 per share. A press release announcing

Filing Documents

• ef20032561_8k.htm (8-K) — 29KB
• ef20032561_ex99-1.htm (EX-99.1) — 5KB
• image0.jpg (GRAPHIC) — 206KB
• 0001140361-24-033370.txt ( ) — 451KB
• gcbc-20240717.xsd (EX-101.SCH) — 4KB
• gcbc-20240717_lab.xml (EX-101.LAB) — 21KB
• gcbc-20240717_pre.xml (EX-101.PRE) — 16KB
• ef20032561_8k_htm.xml (XML) — 4KB

01

Item 8.01 Other Events On July 17, 2024, Greene County Bancorp, Inc. (NASDAQ-GCBC) today announced that its Board of Directors has approved a quarterly cash dividend of $0.09 per share on the Company's common stock. The dividend reflects an annual cash dividend rate of $0.36 per share which represents a 12.5% increase from the previous annual cash dividend of $0.32 per share. 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. However, for purposes of cash flow, the MHC does not intend to waive its receipts of these dividends to be paid by the Company for the quarter ended June 30, 2024.

Financial Statements and Exhibits

Financial Statements and Exhibits Exhibit No. Description 99.1 Press release dated July 17, 2024 Exhibit Number Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

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: July 17, 2024 By: /s/ Donald E. Gibson Donald E. Gibson President & Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR