Magyar Bancorp, Inc. MGYR

Magyar Bancorp, Inc. pays an annual dividend of $0.40 per share, a yield of 2.35% at the last closing price of $17.05. The most recent ex-dividend date was 2026-05-07 — investors must own shares before that date to receive the payment.

The payout ratio — the share of earnings paid out as dividends — is 22.47%. A ratio at this level generally leaves room to maintain or grow the dividend out of current earnings.