Short answer
GREENE COUNTY BANCORP INC (GCBC) filed an 8-K current report with the SEC on July 22, 2026 reporting Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). Quarterly cash dividend increased to $0.11 per share.
GREENE COUNTY BANCORP INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 8.01 · Other Events
- Quarterly cash dividend increased to $0.11 per share
- Annualized dividend rate $0.44, up 10.0% from $0.40
- MHC owns 9,218,528 of 17,025,485 shares, maintaining majority control
- MHC intends to waive its dividend, preserving company cash otherwise payable on its shares
Item EX-99.1 · Exhibit EX-99.1
- Quarterly dividend raised to $0.11 per share, implying $0.44 annually
- 10.0% increase from prior $0.40 annual dividend, signaling stronger shareholder returns
- Record date August 14, 2026; expected payment August 31, 2026
- MHC owns 54.1% and will waive dividends under Federal Reserve nonobjection through December 31, 2026
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