Magyar Bancorp (MGYR) Declares $0.03 Quarterly Dividend; 1% Yield
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MAGYAR BANCORP, INC. ANNOUNCES THIRD QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND
July 26, 2022 9:10 AM EDTNEW BRUNSWICK, N.J., July 26, 2022 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and nine months ended June 30, 2022.
The Company reported a 27% increase in its net income for the three months ended June 30, 2022, to $2,117,000 compared with net income of $1,668,000 for the three months ended June 30, 2021. Net income for the nine months ended June 30, 2022 was $5,488,000 compared with net income of $4,510,000 for the nine months ended June 30,... More
