DiviDrip · MGYR

MGYR — Magyar Bancorp, Inc.

MGYR is Magyar Bancorp, Inc. (Financial Services). Trading at $17.45. Current dividend yield: 2.31%.

Dividend snapshot

Annual dividend rate$0.40
Current yield2.31%
Payment frequencyQuarterly
Next ex-dividend dateMay 07, 2026
Most recent payment dateMay 21, 2026
Last payment amount$0.1000
5-year dividend CAGR
3-year dividend CAGR11.87%
Payout ratio18%
Market cap$113M
ExchangeNGM

Recent dividend payments

DateAmount / share
2026-05-07$0.1000
2026-02-12$0.1000
2025-11-13$0.0800
2025-08-07$0.0800
2025-05-14$0.0600
2025-02-06$0.0600
2024-12-06$0.0400
2024-11-14$0.0500

About MGYR

Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit. The company provides one-to four-family residential mortgage loans, multi-family and commercial real estate mortgage loans, home equity loans and lines of credit, commercial business loans, and construction loans, as well as small business administration loans. In addition, it offers non-deposit investment products and financial planning services, including insurance products, fixed and variable annuities, and retirement planning for individual and commercial customers; and buys, sells, and holds investment securities. Magyar Bancorp, Inc. was founded in 1922 and is headquartered in New Brunswick, New Jersey.

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Data refreshed 2026-05-25. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.

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