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Magyar Bancorp (MGYR) Dividend Yield, Date & History

Magyar Bancorp logo
$14.65 +0.14 (+0.96%)
(As of 12/20/2024 05:16 PM ET)

Magyar Bancorp Dividend Summary

Dividend Yield
1.37%
Annual Dividend
$0.20
Recent
Dividend Payment
Dec. 20
Dividend Payout Ratio
16.13%

Magyar Bancorp (MGYR) pays an annual dividend of $0.20 per share, with a dividend yield of 1.37%. The next quarterly payment of $0.04 per share was paid on Friday, December 20, to investors who owned the stock before the ex-dividend date of Friday, December 6. The company currently pays out 16.13% of its earnings and 15.21% of its cash flow as dividends.

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MGYR Dividend Payments by Quarter

The chart below displays up to four years of Magyar Bancorp's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

MGYR Dividend Yield Over Time

The chart below tracks Magyar Bancorp's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Magyar Bancorp vs. The Competition

Compare Magyar Bancorp's annual dividend, yield, and 3-year growth rate with averages for Finance and NASDAQ companies to evaluate its performance against the market.

TypeMagyar BancorpFinance CompaniesNASDAQ Companies
Annual Dividend$0.20$0.02$1.31
Dividend Yield1.37%9.85%4.22%
Annualized 3-Year Dividend Growth0.00%12.89%14.22%

Magyar Bancorp Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings16.13%
Based on Cashflow15.21%

Magyar Bancorp Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/22/2024$0.04-$0.01
20.00%
12/6/202412/6/202412/20/2024
10/31/2024Quarterly$0.05 - 1.64%11/14/202411/14/202411/27/2024
7/25/2024Quarterly$0.05 - 1.6%8/8/20248/8/20248/22/2024
4/23/2024Quarterly$0.05 - 1.78%5/6/20245/7/20245/21/2024
1/25/2024Quarterly$0.05-$0.02
28.57%
1.3%2/7/20242/8/20242/22/2024
11/14/2023None$0.07+$0.03
75.00%
11/27/202311/28/202312/12/2023
10/30/2023Quarterly$0.04+$0.01
33.33%
1.4%11/8/202311/9/202311/24/2023
7/20/2023Quarterly$0.03 - 1.09%8/2/20238/3/20238/17/2023
4/20/2023Quarterly$0.03 - 1.18%5/3/20235/4/20235/18/2023
1/26/2023Quarterly$0.03-$0.05
62.50%
0.93%2/8/20232/9/20232/23/2023

This table shows Magyar Bancorp's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Magyar Bancorp Dividend - Frequently Asked Questions

The current dividend yield for Magyar Bancorp is 1.37%. Learn more on MGYR's dividend yield history.

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

Magyar Bancorp pays quarterly dividends to shareholders.

Magyar Bancorp's most recent quarterly dividend payment of $0.04 per share was made to shareholders on Friday, December 20, 2024.

Magyar Bancorp's most recent ex-dividend date was Friday, December 6, 2024.

The most recent change in the company's dividend was a decrease of $0.01 on Friday, November 22, 2024.

The dividend payout ratio for MGYR is:
  • 16.13% based on the trailing year of earnings
  • 15.21% based on cash flow

Magyar Bancorp's dividend yield of 1.38% is lower than the average Finance company that issues a dividend. Magyar Bancorp's dividend payout ratio of 16.13% is at a healthy, sustainable level, below 75% of its earnings.


This page (NASDAQ:MGYR) was last updated on 12/21/2024 by MarketBeat.com Staff
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