MGYR
Magyar Bancorp
dividend history, payout ratio & dates
- Stocks
- Financial Services
- NASDAQ: MGYR
- Dividend
Last dividend date: Aug 6, 2026
Dividend yield: 1.97%
Payout ratio: 21%
Magyar Bancorp's last dividend payment of $0.1 per share was made to shareholders on record before Aug 6, 2026. At an annualized rate of $0.38 per share, the stock yields 1.97%.
MGYR dividend stats
vs. Financial Services sector
Magyar Bancorp Dividend yield
Magyar Bancorp's dividend yield of 1.97% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.34%, Magyar Bancorp's dividend yield is 16% lower.
MGYR Dividend history
Magyar Bancorp has been paying dividends for the last four years. According to our records MGYR has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 31% since one year ago. And with the stock price up by 10% from a year ago, the dividend yield marks an increase of 19%.
Magyar Bancorp Dividend history chart
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 6, 2026 | $0.1 | 1.99% |
| May 7, 2026 | $0.1 | 2.04% |
| Feb 12, 2026 | $0.1 | 1.73% |
| Nov 13, 2025 | $0.08 | 1.9% |
| Aug 7, 2025 | $0.08 | 1.7% |
| May 14, 2025 | $0.06 | 1.77% |
| Feb 6, 2025 | $0.06 | 1.72% |
| Dec 6, 2024 | $0.04 | 1.66% |
| Nov 14, 2024 | $0.05 | 1.55% |
| Aug 8, 2024 | $0.05 | 2.08% |
| May 6, 2024 | $0.05 | 2.17% |
| Feb 7, 2024 | $0.05 | 1.93% |
| Nov 27, 2023 | $0.07 | 2.07% |
| Nov 8, 2023 | $0.04 | 1.34% |
| Aug 2, 2023 | $0.03 | 1.78% |
| May 3, 2023 | $0.03 | 2.05% |
| Feb 8, 2023 | $0.03 | 1.55% |
| Nov 28, 2022 | $0.08 | 1.54% |
| Nov 9, 2022 | $0.03 | 0.94% |
| Aug 3, 2022 | $0.03 | 1.75% |
| May 4, 2022 | $0.03 | 1.53% |
| Feb 9, 2022 | $0.03 | 1.22% |
| Nov 29, 2021 | $0.12 | 1.01% |
Magyar Bancorp dividend payout ratio
Payout ratio
Magyar Bancorp's payout ratio of 21% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 31.6%, Magyar Bancorp's payout ratio is 34% lower.
Total amount of dividends paid per financial year (from cash flow)
MGYR dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BBT Beacon Financial Corp. | 4.02% | $1.29 | 68.6% |
| WSBC Wesbanco Inc | 3.54% | $1.51 | 43.4% |
| UBSI United Bankshares Inc | 3.06% | $1.51 | 41% |
| FULT Fulton Financial Corp | 3.04% | $0.75 | 35.7% |
| HOMB Home Bancshares Inc | 2.74% | $0.86 | 35.5% |
| CFFI C & F Financial Corp | 2.13% | $1.88 | 21% |
| TRMK Trustmark Corp | 2.03% | $0.98 | 24.8% |
| MGYR Magyar Bancorp Inc. | 1.97% | $0.38 | 21% |
| EFSC Enterprise Financial Services Corp | 1.96% | $1.3 | 25.7% |
| SFBS ServisFirst Bancshares Inc | 1.62% | $1.48 | 25.1% |
Frequently asked questions
Does Magyar Bancorp pay a dividend?
Yes, Magyar Bancorp has paid four dividends in the last 12 months. MGYR has been paying dividends since 2022.
When was MGYR's last dividend?
Magyar Bancorp's last dividend ex-date was on Aug 6, 2026. The dividend amount was $0.1 per share.
How much dividend does Magyar Bancorp pay (per share)?
On an annual basis MGYR pays $0.38 per share.
What is Magyar Bancorp's dividend yield?
Magyar Bancorp's current dividend yield is 1.97%.
How often does Magyar Bancorp pay dividends?
Magyar Bancorp has a quarterly dividend frequency.
What is Magyar Bancorp's dividend payout ratio?
The dividend payout ratio of Magyar Bancorp is 21%.
Does Magyar Bancorp pay a good dividend?
Magyar Bancorp's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.