STOCK DIVIDEND AND STOCK SPLIT
The most common method for companies to distribute wealth among shareholders is to pay dividends in the form of cash or stock. When a company has a low level of liquid cash on hand, stock dividends are typically issued in lieu of cash dividends. It is the board of directors that decides whether a dividend should be declared and in what form it should be distributed. Dividend yield is also a financial ratio that shows how much a company pays out in dividends on its shares each year, which is something investors look for in a stock.
Dividend Rate
Trailing Annual Dividend Rate
-
Forward Annual Dividend Rate
-
Yield
Trailing Annual Dividend Yield
N/A
Forward Annual Dividend Yield
1.98%
Dividend Date
Dividend Date
Nov 25, 2025
Ex-dividend Date
Nov 13, 2025
N/A %
19.24
Dividend History
| Announced | Amount | Ex-Dividend Date | Record Date | Payment Date |
|---|---|---|---|---|
| Oct 30, 2025 | 0.08 | Nov 13, 2025 | Nov 13, 2025 | Nov 25, 2025 |
| Jul 24, 2025 | 0.08 | Aug 07, 2025 | Aug 07, 2025 | Aug 21, 2025 |
| Apr 30, 2025 | 0.06 | May 14, 2025 | May 14, 2025 | May 28, 2025 |
| Jan 23, 2025 | 0.06 | Feb 06, 2025 | Feb 06, 2025 | Feb 20, 2025 |
| Nov 22, 2024 | 0.04 | Dec 06, 2024 | Dec 06, 2024 | Dec 20, 2024 |
| Oct 31, 2024 | 0.05 | Nov 14, 2024 | Nov 14, 2024 | Nov 27, 2024 |
| Jul 25, 2024 | 0.05 | Aug 08, 2024 | Aug 08, 2024 | Aug 22, 2024 |
| Apr 23, 2024 | 0.05 | May 06, 2024 | May 07, 2024 | May 21, 2024 |
| Jan 25, 2024 | 0.05 | Feb 07, 2024 | Feb 08, 2024 | Feb 22, 2024 |
| Nov 14, 2023 | 0.07 | Nov 27, 2023 | Nov 28, 2023 | Dec 12, 2023 |
| Oct 30, 2023 | 0.04 | Nov 08, 2023 | Nov 09, 2023 | Nov 24, 2023 |
| Jul 20, 2023 | 0.03 | Aug 02, 2023 | Aug 03, 2023 | Aug 17, 2023 |
| Apr 20, 2023 | 0.03 | May 03, 2023 | May 04, 2023 | May 18, 2023 |
| Jan 26, 2023 | 0.03 | Feb 08, 2023 | Feb 09, 2023 | Feb 23, 2023 |
| Nov 15, 2022 | 0.08 | Nov 28, 2022 | Nov 29, 2022 | Dec 13, 2022 |
| Oct 27, 2022 | 0.03 | Nov 09, 2022 | Nov 10, 2022 | Nov 23, 2022 |
Stock Split History
| Date | Ratio | Change Before Split | Change After Split |
|---|---|---|---|
| Jul 15, 2021 | 1221:1000 | -0.69% | -1.01% |
Frequently Asked Questions
Is Magyar Bancorp, Inc. (MGYR) a dividend paying company?
In a company, dividends are a portion of profits paid out to shareholders - investors getting a little bit back on their investment. In particular, dividends benefit investors, especially income-seeking investors, because they provide mutual benefits both to companies and investors. Dividends are a strong indicator for a company's ability to produce profits consistently and reflect favorably on its management. Magyar Bancorp, Inc. is also among the companies that regularly pay dividends.
What is MGYR's dividend yield?
Many factors affect dividend yields, including global market conditions, interest rates, and the financial status of an individual company.However, the average dividend yield for a good company is between 2% and 6%. MGYR's annual dividend yield for the trailing 12 months is N/A.
When did MGYR last pay a dividend?
MGYR last paid dividends on 2025-11-25, with the ex-dividend date being 2025-11-13.
When was the last time MGYR stock split?
MGYR stock split took place on 15-07-2021.
How did MGYR's stock split work?
Its last split took place on Jul 15, 2021, when Magyar Bancorp, Inc. went through a 1221:1000 split leaving the shareholder with 1221 share(s) who previously owned 1000 MGYR share(s).