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Magyar Bancorp (MGYR) Dividend Yield, Date & History

Magyar Bancorp logo
$12.22
-0.10 (-0.81%)
(As of 11/1/2024 ET)

Dividend Summary

Dividend Yield
1.64%
Annual Dividend
$0.20
Dividend Payout Ratio
17.09%
Recent
Dividend Payment
Aug. 22
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Magyar Bancorp vs. The Competition

TypeMagyar BancorpFinance CompaniesNASDAQ Companies
Annual Dividend$0.20$1.78$1.25
Dividend Yield1.64%1,018.92%412.81%
Annualized 3-Year Dividend Growth0.00%12.91%14.41%

Magyar Bancorp Dividend Payout Ratio

TypePayout Ratio
Based on Trailing 12 Months of Earnings17.09%
Based on Cashflow15.45%

Magyar Bancorp Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/25/2024Quarterly$0.051.6%8/8/20248/8/20248/22/2024
4/23/2024Quarterly$0.051.78%5/6/20245/7/20245/21/2024
1/25/2024Quarterly$0.051.3%2/7/20242/8/20242/22/2024
11/14/2023None$0.0711/27/202311/28/202312/12/2023
10/30/2023Quarterly$0.041.4%11/8/202311/9/202311/24/2023
7/20/2023Quarterly$0.031.09%8/2/20238/3/20238/17/2023
4/20/2023Quarterly$0.031.18%5/3/20235/4/20235/18/2023
1/26/2023Quarterly$0.030.93%2/8/20232/9/20232/23/2023
11/15/2022None$0.0811/28/202211/29/202212/13/2022
10/27/2022Quarterly$0.030.96%11/9/202211/10/202211/23/2022
7/26/2022Quarterly$0.031%8/3/20228/4/20228/18/2022
4/21/2022Quarterly$0.031%5/4/20225/5/20225/19/2022
1/27/2022Quarterly$0.031%2/9/20222/10/20222/24/2022
11/23/2021$0.1211/29/202111/30/202112/14/2021
(Data available from 1/1/2013 forward)

Magyar Bancorp Dividend - Frequently Asked Questions

What is Magyar Bancorp's dividend yield?

The current dividend yield for Magyar Bancorp is 1.64%. Learn more on MGYR's dividend yield history.

How much is Magyar Bancorp's annual dividend?

The annual dividend for MGYR shares is $0.20. Learn more on MGYR's annual dividend history.

How often does Magyar Bancorp pay dividends?

Magyar Bancorp pays quarterly dividends to shareholders.

When was Magyar Bancorp's most recent dividend payment?

Magyar Bancorp's most recent quarterly dividend payment of $0.05 per share was made to shareholders on Thursday, August 22, 2024.

When was Magyar Bancorp's most recent ex-dividend date?

Magyar Bancorp's most recent ex-dividend date was Thursday, August 8, 2024.

When did Magyar Bancorp last increase or decrease its dividend?

The most recent change in the company's dividend was a decrease of $0.02 on Thursday, January 25, 2024.

What is Magyar Bancorp's dividend payout ratio?
The dividend payout ratio for MGYR is:
  • 17.09% based on the trailing year of earnings
  • 15.45% based on cash flow
Is Magyar Bancorp a good dividend stock?

Magyar Bancorp's dividend yield of 1.62% is lower than the average Finance company that issues a dividend. Magyar Bancorp's dividend payout ratio of 17.09% is at a healthy, sustainable level, below 75% of its earnings.


This page (NASDAQ:MGYR) was last updated on 11/2/2024 by MarketBeat.com Staff
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