# Magyar Bancorp (MGYR) — Dividends

MGYR · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/mgyr/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $0.38 |
| Forward yield | 1.91% |
| Growth streak | — |

Magyar Bancorp pays a quarterly dividend of $0.10 per share. Its most recent payment had an [ex-date](/instructions/learning/ex-dividend-date) of August 6, 2026 and was paid on August 20, 2026. Over the trailing twelve months, it paid $0.38 per share, a [yield](/instructions/learning/dividend-yield) of about 1.96% at a share price of $19.37.

The regular rate has risen in several steps. It was $0.03 through August 2023, then $0.04 from November 2023, $0.05 from February 2024, $0.06 from February 2025, $0.08 from August 2025 and $0.10 from February 2026. Each step was one or two cents, or 20% to 33%, and the rate is about 233% above its 2023 level. In 2022, 2023 and 2024, the table also shows a second, additional payment late in the year: $0.08 in November 2022, $0.07 in November 2023 and $0.04 in December 2024. Payments by calendar year, extras included, were $0.20 in 2023, $0.24 in 2024 and $0.28 in 2025. The source gives no growth streak.

Ex-dates fall in February, May, August and November, and payment follows about two weeks later. If the pattern holds, the next regular payment would go ex-dividend in mid-November 2026 and be paid in late November.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Aug 6, 2026 | Aug 20, 2026 | $0.10 |
| May 7, 2026 | May 21, 2026 | $0.10 |
| Feb 12, 2026 | Feb 26, 2026 | $0.10 |
| Nov 13, 2025 | Nov 25, 2025 | $0.08 |
| Aug 7, 2025 | Aug 21, 2025 | $0.08 |
| May 14, 2025 | May 28, 2025 | $0.06 |
| Feb 6, 2025 | Feb 20, 2025 | $0.06 |
| Dec 6, 2024 | Dec 20, 2024 | $0.04 |
| Nov 14, 2024 | Nov 27, 2024 | $0.05 |
| Aug 8, 2024 | Aug 22, 2024 | $0.05 |
| May 6, 2024 | May 21, 2024 | $0.05 |
| Feb 7, 2024 | Feb 22, 2024 | $0.05 |
| Nov 27, 2023 | Dec 12, 2023 | $0.07 |
| Nov 8, 2023 | Nov 24, 2023 | $0.04 |
| Aug 2, 2023 | Aug 17, 2023 | $0.03 |
| May 3, 2023 | May 18, 2023 | $0.03 |
| Feb 8, 2023 | Feb 23, 2023 | $0.03 |
| Nov 28, 2022 | Dec 13, 2022 | $0.08 |
| Nov 9, 2022 | Nov 23, 2022 | $0.03 |
| Aug 3, 2022 | Aug 18, 2022 | $0.03 |

## Frequently Asked Questions

### Does Magyar Bancorp (MGYR) pay a dividend?

Yes. Magyar Bancorp pays a quarterly dividend; the most recent payment was $0.10 per share.

### What is MGYR's dividend yield?

Magyar Bancorp paid $0.38 per share over the trailing twelve months, a yield of 1.91% at the last price of $19.89. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is MGYR's most recent ex-dividend date?

Magyar Bancorp's most recent ex-dividend date is Aug 6, 2026, payable on Aug 20, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).