Item 8.01 Other Events

On April 19, 2023, Greene County Bancorp, Inc. (NASDAQ-GCBC) today announced that its Board of Directors has approved a quarterly cash dividend of $0.07 per share on the Company's common stock. The dividend reflects an annual cash dividend rate of $0.28 per share. The dividend rate reflects the 2-for-1 stock split, distributed after the close of trading on March 23, 2023 and is unchanged from the previous quarterly dividend, which was $0.14 on a pre-split adjusted basis.

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 these dividends to be paid by the Company for the quarter ended March 31, 2023.

Item 9.01 Financial Statements and Exhibits

Exhibit No. Description

99.1 Press release dated April 19, 2023





Exhibit Number   Description

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

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