Magyar Bancorp, Inc. (MGYR) Dividend History
Magyar Bancorp, Inc. is the holding company for Magyar Bank, a community-oriented financial institution based in New York. Founded to serve the banking needs of local residents and businesses, Magyar Bancorp focuses on personalized banking services, including commercial and retail banking, mortgage lending, and wealth management. The company emphasizes community involvement and aims to foster financial stability and growth within its region.
Dividend Yield: 1.20%
Dividend Frequency: Quarterly
Dividend History
| Pay Date | Amount | Ex Dividend Date | Record Date |
|---|---|---|---|
| August 21, 2025 | $0.08 | 08/07/2025 | 08/07/2025 |
| May 28, 2025 | $0.06 | 05/14/2025 | 05/14/2025 |
| February 20, 2025 | $0.06 | 02/06/2025 | 02/06/2025 |
| December 20, 2024 | $0.04 | 12/06/2024 | 12/06/2024 |
| November 27, 2024 | $0.05 | 11/14/2024 | 11/14/2024 |
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Dividends Summary
- Magyar Bancorp, Inc. has issued 19 dividend payments over the past 4 years
- The most recent dividend was paid 83 days ago, on May 28, 2025
- The first recorded dividend was paid on December 14, 2021
- The highest dividend payout was $0.12 per share
- The average dividend over this 4 year span is $0.05 per share
- Magyar Bancorp, Inc. has decreased its dividend payments by 33.33% since 2021
Page data last updated 08/19/2025 17:00:01 UTC
Dividend yield is calculated using only dividends that have already been
paid. Future or declared dividends are not included