Magyar Bancorp (MGYR) Declares $0.05 Quarterly Dividend; 1.8% Yield

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MAGYAR BANCORP, INC. ANNOUNCES FIRST QUARTER FINANCIAL RESULTS AND DECLARES DIVIDEND

January 25, 2024 4:01 PM EST

NEW BRUNSWICK, N.J., Jan. 25, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three months ended December 31, 2023.

The Company reported net income for the three months ended December 31, 2023 of $1.7 million. Net income declined 8.7%... More