Magyar Bancorp Inc (MGYR)

• Magyar Bancorp Inc (MGYR) currently pays a dividend of $0.06 per share with annual dividend yield of 1.65% and price-to-earnings ratio of 12.34.
• Magyar Bancorp Inc (MGYR) pays out a dividend four times per year. Quarterly payment frequency should be carefully considered as it can affect investors’ investment strategy.
• Magyar Bancorp Inc (MGYR) most recent ex-dividend date occurred on February 06, 2025 with dividend payment of $0.06 per share received on February 20, 2025. Shareholders eligible for this dividend payment owned MGYR stock before or on this ex-dividend date.

Table below shows the detailed dividend history of Magyar Bancorp Inc Stock (MGYR). In 2025, the first Magyar Bancorp Inc’s dividend date was on February 06, 2025 with a dividend of $0.06 per share, representing a 50.00% increase from $0.04 per share on December 06, 2024. This rise in MGYR’s dividend pay out can signal a positive financial performance of the company; however, further research should be conducted to understand the company’s change in dividend payment. We recommend investors to review dividend dates and payments carefully with the aim to gain insights on the company’s strategy.