Magyar Bancorp, Inc. (MGYR) Dividend History

NASDAQ: MGYRYield, payment dates, growth and payout ratio.

MGYR latest dividend

$0.10last dividend per share
Ex-dividend dateAug 6Thursday, 2026
Payment dateAug 20Thursday, 2026

The next dividend has not been announced yet.

  • 2 yearsof dividend increases
  • 2021paying since
  • Quarterly4 payments a year
  • —5-year growth a year
  • 2.02%forward yield

MGYR dividend income calculator

Dividend income a year
$40
Each payment
$10
Value of the shares
$1,984
Dividend yield
2.02%

At the latest close; forward annual dividend $0.40 per share, before tax.

MGYR dividends per share by year

Dividends per shareYield at year-end (right axis)

Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.

MGYR dividend safety

Payout ratio (earnings)20.3%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)18.6%
Well covered · of fiscal 2025 free cash flow
Years of increases2
Short record · consecutive calendar years with a higher dividend

Descriptive bands, not a rating.

MGYR yield on cost

Magyar Bancorp, Inc. yield on cost
BoughtPrice paidYield on costDividends since% of price
1 year ago$16.902.37%$0.382.2%
3 years ago$9.264.32%$0.9310.0%
5 years ago$11.533.47%$1.3411.6%
10 years ago$8.494.71%$1.3415.8%
20 years ago$10.353.86%$1.3412.9%

Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).

MGYR dividend payments

Payment

Each bar is one payment, by ex-dividend month (last 23 payments).

MGYR dividends by year

Magyar Bancorp, Inc. dividends per share by year
YearDividends per shareGrowthYield (year-end)Payments
2025$0.28+16.7%1.62%4
2024$0.24+20.0%1.64%5
2023$0.200.0%1.78%5
2022$0.20—1.56%5
2021$0.12—0.98%1

MGYR dividend history

23 payments
Magyar Bancorp, Inc. dividend payment history
Ex-dividend datePayment dateAmountChangeFrequency
2026-08-062026-08-20$0.1—Quarterly
2026-05-072026-05-21$0.1—Quarterly
2026-02-122026-02-26$0.1+25.0%Quarterly
2025-11-132025-11-25$0.08—Quarterly
2025-08-072025-08-21$0.08+33.3%Quarterly
2025-05-142025-05-28$0.06—Quarterly
2025-02-062025-02-20$0.06+50.0%Quarterly
2024-12-062024-12-20$0.04−20.0%
2024-11-142024-11-27$0.05—Quarterly
2024-08-082024-08-22$0.05—Quarterly
2024-05-062024-05-21$0.05—Quarterly
2024-02-072024-02-22$0.05−28.6%Quarterly
2023-11-272023-12-12$0.07+75.0%
2023-11-082023-11-24$0.04+33.3%Quarterly
2023-08-022023-08-17$0.03—Quarterly
2023-05-032023-05-18$0.03—Quarterly
Show all 23 payments
Ex-dividend datePayment dateAmountChangeFrequency
2023-02-082023-02-23$0.03−62.5%Quarterly
2022-11-282022-12-13$0.08+166.7%
2022-11-092022-11-23$0.03—Quarterly
2022-08-032022-08-18$0.03—Quarterly
2022-05-042022-05-19$0.03—Quarterly
2022-02-092022-02-24$0.03−75.0%Quarterly
2021-11-292021-12-14$0.12—

Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.

MGYR stock split history

  • 1221:1000July 15, 2021

MGYR dividend overview

Magyar Bancorp pays an annual dividend of $0.40 per share, a yield of 2.02% at the latest close, paid quarterly. It paid $0.28 per share in 2025, up 16.7% from 2024. It has raised its dividend for 2 consecutive years. The payout ratio is 20.3% of trailing earnings.

Related: MGYR cash flow statement, MGYR key metrics, MGYR chart. See the MGYR stock overview for the latest quote and news.

MGYR dividends FAQ

Does Magyar Bancorp pay a dividend?

Yes. Magyar Bancorp has paid a regular dividend since 2021, quarterly, most recently $0.10 per share with an ex-dividend date of August 6, 2026.

What is Magyar Bancorp's dividend yield?

Magyar Bancorp's forward annual dividend is $0.40 per share, a dividend yield of 2.02% at the latest close of $19.84.

How often does Magyar Bancorp pay dividends?

Magyar Bancorp pays dividends quarterly.

What is Magyar Bancorp's dividend payout ratio?

Magyar Bancorp pays out 20.3% of its trailing earnings as dividends and 18.6% of its free cash flow (fiscal 2025).

Has Magyar Bancorp split its stock?

Magyar Bancorp has split its stock 1 time: 1221:1000 on July 15, 2021. Dividends per share on this page are adjusted for splits.

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