Magyar Bancorp, Inc.
MGYRFinancial Services · Stock · quarterly payer
$17.23
Add to PortfolioForward Yield
2.32%
Annual Dividend
$0.40
Payout Ratio
18%
5-Yr Growth
—
Ex-Date
May 7, 2026
Frequency
Quarterly
MGYR Dividend Safety Score
71/ 100
Grade B
Safe
Dividend-growth streak3 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage18% of earnings paid out
Yield vs its historyYield is 1.4× its 5-yr average — elevated
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is MGYR a good dividend stock?
Yes, with caveatsMagyar Bancorp, Inc. (MGYR) pays a quarterly dividend yielding 2.32% ($0.40/yr), with 3 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (18%)
- 52% total price return over 5 years
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 2.32%
- Payout Ratio
- 18%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- May 7, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.23
- Market Cap
- $111.3M
- P/E Ratio
- 9.7
- 5-Yr Total Return
- 52%
- 52-Week Range
- $15.61 – $20.00
- Dividend Safety
- B · 71/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 7, 2026 | — | $0.1000 | regular |
| Feb 12, 2026 | — | $0.1000 | regular |
| Nov 13, 2025 | — | $0.0800 | regular |
| Aug 7, 2025 | — | $0.0800 | regular |
| May 14, 2025 | — | $0.0600 | regular |
| Feb 6, 2025 | — | $0.0600 | regular |
| Dec 6, 2024 | — | $0.0400 | regular |
| Nov 14, 2024 | — | $0.0500 | regular |
| Aug 8, 2024 | — | $0.0500 | regular |
| May 6, 2024 | — | $0.0500 | regular |
| Feb 7, 2024 | — | $0.0500 | regular |
| Nov 27, 2023 | — | $0.0700 | regular |
| Nov 8, 2023 | — | $0.0400 | regular |
| Aug 2, 2023 | — | $0.0300 | regular |
Income Calculator
At $0.40 / yr per share
Per payment (quarterly)$10.00
Annual$40.00
Monthly avg$3.33
