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NASDAQ: MGYR
Magyar Bancorp Inc Stock Dividend Yield & Dates

OverviewEarningsRevenueDividend
Ownership

MGYR dividend stability and growth

Last Dividend per share
$0.0600

MGYR dividend yield vs industry/market

Company
1.06%
Industry
2.88%
MGYR dividends (1.06%) are not... subscribe to Premium to read more.
Top 75% Dividend Dividend
MGYR dividends (1.06%) are not... subscribe to Premium to read more.
Top 25% Dividend Dividend

MGYR dividend payout ratio

Magyar Bancorp Inc paid out 18.9% of its earnings over the trailing twelve months.

Retained earnings
81.1%
Payout ratio
18.9%
MGYR earnings ($8.22M) are sufficient... subscribe to Premium to read more.
Dividend Payout Ratio Dividend

MGYR vs Bank Stocks

TickerDiv. YieldStable?Drop Count (L10Y)Payout Ratio
MGYR1.06%4+18.90%
BSBKN/AN/A0.00%
PBHC2.71%Yes0+74.10%
FNWB2.05%0-37.30%
LSBK4.92%Yes0+81.80%
View Top Bank Stocks

MGYR dividend dates

Last dividend payment date
Feb 22, 2024
Last ex-dividend date
Feb 7, 2024

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 12 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 last dividend payment date was on 2024-02-22, when Magyar Bancorp shareholders who owned MGYR shares before 2024-02-07 received a dividend payment of $0.0500 per share. Magyar Bancorp's next dividend payment date has not been announced yet. 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 $1.32, and their annual dividend per share is $0.15. MGYR's dividend payout ratio is 18.9%, which is sustainable.

How much is Magyar Bancorp's dividend?

MGYR pays a dividend of $0.15 per share. MGYR's annual dividend yield is 1.06%. Magyar Bancorp's dividend is lower than the US industry average of 2.88%, and it is lower than the US market average of 3.75%.

What is Magyar Bancorp's Ex-Dividend Date?

Magyar Bancorp's previous ex-dividend date was on 2024-02-07. Magyar Bancorp shareholders who own MGYR stock before this date received Magyar Bancorp's last dividend payment of $0.0500 per share on 2024-02-22. Magyar Bancorp's next ex-dividend date has not been announced yet. 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.
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