Magyar Bancorp, Inc. (NASDAQ:MGYR) Declares Dividend of $0.04

Magyar Bancorp, Inc. (NASDAQ:MGYR) announced a dividend on Friday, November 22nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 6th will be paid a dividend of 0.04 per share by the bank on Friday, December 20th. The ex-dividend date of this dividend is Friday, December 6th.

Magyar Bancorp Stock Up 7.1 %

Shares of NASDAQ MGYR opened at $14.74 on Wednesday. The firm has a 50-day simple moving average of $12.69 and a 200-day simple moving average of $12.08. The stock has a market capitalization of $95.66 million, a price-to-earnings ratio of 11.89 and a beta of 0.31. Magyar Bancorp has a 52 week low of $9.75 and a 52 week high of $14.74.

Magyar Bancorp Company Profile

Magyar Bancorp, Inc operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit.