MGYR is Magyar Bancorp, Inc. (Financial Services). Trading at $19.52. Current dividend yield: 2.05%.
Dividend snapshot
| Annual dividend rate | $0.40 |
| Current yield | 2.05% |
| Payment frequency | Quarterly |
| Next ex-dividend date | Nov 06, 2026(in 63 days) |
| Most recent payment date | Aug 20, 2026 |
| Last payment amount | $0.1000 |
| 5-year dividend CAGR | — |
| 3-year dividend CAGR | 11.87% |
| Payout ratio | 19% |
| Market cap | $126M |
| Exchange | NGM |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-08-06 | $0.1000 |
| 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 |
About MGYR
Magyar Bancorp Inc is an independent, community financial services provider offering traditional banking services to individual, business, and government customers. The Company attracts retail deposits through its main office in New Brunswick, New Jersey, and branch offices in Middlesex and Somerset Counties, and invests those funds mainly in commercial and residential real estate loans, commercial business loans, SBA loans, home equity loans and lines of credit, construction and land loans, and investment securities. Revenues are derived mainly from interest on loans and securities and from fees and service charges, with lending relationships focused on small to mid-sized businesses and individual consumers in central and northern New Jersey.
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Frequently asked
What is MGYR's dividend yield?
MGYR (Magyar Bancorp, Inc.) currently has a dividend yield of 2.05%, which works out to about $0.40 in annual dividend payments per share.
When is MGYR's next ex-dividend date?
MGYR's next ex-dividend date is Nov 06, 2026 (in 63 days). To receive the upcoming dividend, you must own shares before this date.
When did MGYR last pay a dividend?
MGYR's most recent dividend payment date was Aug 20, 2026.
How often does MGYR pay dividends?
MGYR pays dividends on a quarterly schedule.
How fast is MGYR growing its dividend?
MGYR has been growing its dividend at a 11.87% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track MGYR in DiviDrip
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Data refreshed 2026-09-04. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.