GREENE COUNTY BANCORP, INC.

(GCBC)
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05/12GREENE COUNTY BANCORP INC Management's Discussion and Analysis of Financial Condition and Results of Operation (form 10-Q)
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05/12GREENE COUNTY BANCORP, INC. : Ex-dividend day for
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04/21GREENE COUNTY BANCORP : Reports Record High Income for the Nine Months Ended March 31, 2022 and Assets Cross the $2.5 Billion Threshold - Form 8-K
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GREENE COUNTY BANCORP INC : Other Events, Financial Statements and Exhibits (form 8-K)

10/20/2021 | 01:53pm EDT

Item 8.01 Other Events

On October 20, 2021, Greene County Bancorp, Inc. (NASDAQ-GCBC) announced that its Board of Directors has approved a quarterly cash dividend of $0.13 per share on the Company's common stock. The dividend reflects an annual cash dividend rate of $0.52 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 4,609,264 shares of the Company's 8,513,414 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 these dividends to be paid by the Company for the quarter ended September 30, 2021.

Item 9.01 Financial Statements and Exhibits

Exhibit No. Description

99.1 Press release dated October 20, 2021

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Financials (USD)
Sales 2021 58,8 M - -
Net income 2021 23,9 M - -
Net cash 2021 130 M - -
P/E ratio 2021 10,0x
Yield 2021 1,74%
Capitalization 431 M 431 M -
EV / Sales 2020 3,48x
EV / Sales 2021 1,86x
Nbr of Employees 185
Free-Float 39,4%
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Managers and Directors
Donald E. Gibson President, Chief Executive Officer & Director
Michelle M. Plummer Chief Financial Officer, COO, Director & EVP
Paul E. Slutzky Chairman
David H. Jenkins Independent Director
Peter W. Hogan Independent Director