NASDAQ: MGYR
Magyar Bancorp Inc Stock Dividend Yield & Dates

MGYR dividend stability and growth

Last Dividend per share
$0.0600
Forward Dividend yield
1.63%

MGYR dividend yield vs industry/market

Company
1.24%
Industry
2.8%
MGYR dividends (1.24%) are in... subscribe to Premium to read more.
Top 75% Dividend Dividend
MGYR dividends (1.24%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

MGYR dividend payout ratio

Magyar Bancorp Inc paid out 13.8% of its earnings over the trailing twelve months.

Retained earnings
86.2%
Payout ratio
13.8%
MGYR earnings ($9.00M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

MGYR vs Bank Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
MGYR1.24%4+13.80%
RVSB1.54%No1+34.80%
FGBI1.16%No3+200.00%
BSBKN/AN/A0.00%
SFBC1.63%No4+38.80%

MGYR dividend dates

Next dividend payment date
Aug 21, 2025
Next ex-dividend date
Aug 7, 2025

Be the first to know when MGYR increases or cuts their dividend.

Magyar Bancorp Dividends FAQ

Does Magyar Bancorp pay a dividend?

Yes, MGYR has paid a dividend within the past 3 months.


If you're new to stock investing, here's how to buy Magyar Bancorp stock.

What is Magyar Bancorp's Dividend Payment Date?

Magyar Bancorp's next dividend payment date is on 2025-08-21, when Magyar Bancorp shareholders who owned MGYR shares before 2025-08-07 will receive a dividend payment of $0.0800 per share. Add MGYR to your watchlist to be reminded of MGYR's next dividend payment.

Is Magyar Bancorp's dividend stable?

MGYR has less than 10 year of dividend history, so we cannot evaluate if MGYR's dividend has long-term stability.

Does Magyar Bancorp have sufficient earnings to cover their dividend?

Yes, MGYR's past year earnings per share was $1.45, and their annual dividend per share is $0.21. MGYR's dividend payout ratio is 13.8%, which is sustainable.

How much is Magyar Bancorp's dividend?

MGYR pays a dividend of $0.21 per share. MGYR's annual dividend yield is 1.24%. Magyar Bancorp's dividend is lower than the US industry average of 2.8%, and it is lower than the US market average of 3.35%.

What is Magyar Bancorp's Ex-Dividend Date?

Magyar Bancorp's upcoming ex-dividend date is on 2025-08-07. Magyar Bancorp shareholders who own MGYR stock before this date will receive Magyar Bancorp's next dividend payment of $0.0800 per share on 2025-08-21. Add MGYR to your watchlist to be reminded before MGYR's ex-dividend date.

Is Magyar Bancorp's dividend showing long-term growth?

MGYR has less than 10 years of dividend history, so we cannot evaluate if MGYR's' dividend has demonstrated long-term growth.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.