Subsequent events

9 Months Ended

Mar. 31, 2023

Subsequent events [Abstract]

Subsequent events

(15)        Subsequent events

On April 19, 2023, the Board of Directors announced a cash dividend for the quarter ended March 31, 2023 of $0.07 per share on Greene County Bancorp, Inc.’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. The dividend will be payable to stockholders of record as of May 15, 2023, and is expected to be paid on May 31, 2023.  The Greene County Bancorp, MHC intends to waive its receipt of this dividend.