Does MGYR pay a dividend?

Yes. Magyar Bancorp, Inc. pays a quarterly dividend, currently yielding 2.30% based on trailing twelve-month payments of $0.50 per share.

How much does MGYR pay in dividends?

$0.50 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next MGYR ex-dividend date?

No upcoming ex-dividend date is currently on record for MGYR. Dates appear here once the company declares them.

MGYR Dividend

Magyar Bancorp, Inc.

NASDAQFinancial ServicesStockData as of November 10, 2026

Dividend yield: 2.30%
Annual dividend: $0.50
Payout ratio: 0.18
Frequency: Quarterly
Share price: $21.78
Market cap: $141M

Is MGYR a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is below the market median2.30% against a median of 2.82%. A lower yield is common among companies that reinvest more of their earnings or whose shares have risen.
Dividend is comfortably coveredA payout ratio of 0.18 means roughly 18% of earnings go to the dividend, leaving room to keep paying through a weaker year.
No annual reduction on recordAcross 4 complete years of payment history, the total paid has never fallen year on year.
Raised for 3 consecutive yearsDerived from split-adjusted payment history and approximate; treat it as a relative signal rather than a certified record.

MGYR dividend history

Annual dividend per share, 2022 to 2025.

Peak $0.2800 in 2025Typical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 24 dividend payments for MGYR, most recent first.
Ex-dividend date	Pay date	Amount	Type
November 10, 2026	November 24, 2026	$0.1200	Quarterly
August 6, 2026	August 20, 2026	$0.1000	Quarterly
May 7, 2026	May 21, 2026	$0.1000	Quarterly
February 12, 2026	February 26, 2026	$0.1000	Quarterly
November 13, 2025	November 25, 2025	$0.0800	Quarterly
August 7, 2025	August 21, 2025	$0.0800	Quarterly
May 14, 2025	May 28, 2025	$0.0600	Quarterly
February 6, 2025	February 20, 2025	$0.0600	Quarterly
December 6, 2024	December 20, 2024	$0.0400	Special
November 14, 2024	November 27, 2024	$0.0500	Quarterly
August 8, 2024	August 22, 2024	$0.0500	Quarterly
May 6, 2024	May 21, 2024	$0.0500	Quarterly
February 7, 2024	February 22, 2024	$0.0500	Quarterly
November 27, 2023	December 12, 2023	$0.0700	Special
November 8, 2023	November 24, 2023	$0.0400	Quarterly
August 2, 2023	August 17, 2023	$0.0300	Quarterly
May 3, 2023	May 18, 2023	$0.0300	Quarterly
February 8, 2023	February 23, 2023	$0.0300	Quarterly
November 28, 2022	December 13, 2022	$0.0800	Special
November 9, 2022	November 23, 2022	$0.0300	Quarterly
August 3, 2022	August 18, 2022	$0.0300	Quarterly
May 4, 2022	May 19, 2022	$0.0300	Quarterly
February 9, 2022	February 24, 2022	$0.0300	Quarterly
November 29, 2021	December 14, 2021	$0.1200	Special

How much would MGYR pay you?

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Frequently asked questions

Does MGYR pay a dividend?: Yes. Magyar Bancorp, Inc. pays a quarterly dividend, currently yielding 2.30% based on trailing twelve-month payments of $0.50 per share.
How much does MGYR pay in dividends?: $0.50 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next MGYR ex-dividend date?: No upcoming ex-dividend date is currently on record for MGYR. Dates appear here once the company declares them.