Magyar Bancorp (MGYR) Declares $0.10 Quarterly Dividend; 2.3% Yield

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

April 23, 2026 4:05 PM EDT

NEW BRUNSWICK, N.J., April 23, 2026 /PRNewswire/ -- Magyar Bancorp (NASDAQ: MGYR) ("Company"), parent company of Magyar Bank, reported today the results of its operations for the three and six months ended March 31, 2026.

The Company reported a 13% increase in its net income for the three months ended March 31, 2026, to $3.0... More