MGYR - Dividend announcements

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 million compared with net income of $2.7 million for the three months ended March 31, 2025. Net income for the six months ended March 31, 2026 increased 29% to $6.2 million compared with net income of $4.8 million for the six months ended March 31, 2025.Basic and diluted earnings per share were $0.49 and $0.48, respectively, for the three months ended March 31, 2026 compa

NEW BRUNSWICK, N.J., Jan. 29, 2026 /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, 2025. The Company reported a 50% increase in net income for the three months ended December 31, 2025 to $3.1 million from $2.1 million for the three months ended December 31, 2024. Basic and diluted earnings per share were $0.51 and $0.50, respectively, for the three months ended December 31, 2025 compared to $0.34 for basic and diluted earnings per share for the three months ended December 31, 2024. The Company also announced that its Board of Directors declared a quarterly cash divid

NEW BRUNSWICK, N.J., Oct. 30, 2025 /PRNewswire/ -- Magyar Bancorp (NASDAQ:MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and fiscal year ended September 30, 2025. The Company reported $2.5 million in net income for the three months ended September 30, 2025 compared with net income of $2.5 million for the three months ended September 30, 2024.  The Company also reported net income of $9.8 million for the year ended September 30, 2025 compared with $7.8 million for the year ended September 30, 2024. The Company's basic and diluted earnings per share were $0.41 and $0.40, respectively, for the three months ended September

NEW BRUNSWICK, N.J., July 24, 2025 /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, 2025. The Company reported a 46% increase in its net income for the three months ended June 30, 2025, to $2.5 million compared with net income of $1.7 million for the three months ended June 30, 2024. Net income for the nine months ended June 30, 2025 was $7.2 million compared with net income of $5.2 million for the nine months ended June 30, 2024. Basic and diluted earnings per share were $0.40 for the three months ended June 30, 2025 compared with $0.27 for the three months ende

NEW BRUNSWICK, N.J., April 30, 2025 /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, 2025. The Company reported a 41% increase in its net income for the three months ended March 31, 2025, to $2.7 million compared with net income of $1.9 million for the three months ended March 31, 2024. Net income for the six months ended March 31, 2025 was $4.8 million compared with net income of $3.5 million for the six months ended March 31, 2024. Basic and diluted earnings per share were $0.43 for the three months ended March 31, 2025 compared with $0.30 for the three months

NEW BRUNSWICK, N.J., Jan. 23, 2025 /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, 2024. The Company reported a 26% increase in net income for the three months ended December 31, 2024 to $2.1 million from $1.7 million for the three months ended December 31, 2023. Basic and diluted earnings per share were $0.34 and $0.33, respectively, for the three months ended December 31, 2024 compared to $0.26 for basic and diluted earnings per share for the three months ended December 31, 2023. The Company also announced that its Board of Directors declared a quarterly cash divid

NEW BRUNSWICK, N.J., Nov. 22, 2024 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ:MGYR) announced that its Board of Directors has declared a special cash dividend of $0.04, payable December 20, 2024 to shareholders of record on December 6, 2024. About Magyar BancorpMagyar Bancorp is the parent company of Magyar Bank, a community bank headquartered in New Brunswick, New Jersey. Magyar Bank has been serving families and businesses in Central New Jersey since 1922 with a complete line of financial products and services. Today, Magyar operates seven branch locations in New Brunswick, North Brunswick, South Brunswick, Branchburg, Martinsville and Edison (2). Please visit us online at www.magbank.c

NEW BRUNSWICK, N.J., Oct. 31, 2024 /PRNewswire/ -- Magyar Bancorp (NASDAQ:MGYR) (the "Company"), parent company of Magyar Bank, reported today the results of its operations for the three months and fiscal year ended September 30, 2024. The Company reported $2.5 million in net income for the three months ended September 30, 2024 compared with net income of $2.2 million for the three months ended September 30, 2023.  The Company also reported net income of $7.8 million for the year ended September 30, 2024 compared with $7.7 million for the year ended September 30, 2023. The Company's basic and diluted earnings per share were $0.41 and $1.23 for the three months and year ended September 30, 2

NEW BRUNSWICK, N.J., April 23, 2024 /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, 2024. The Company reported a 6% increase in its net income for the three months ended March 31, 2024, to $1,897,000 compared with net income of $1,796,000 for the three months ended March 31, 2023. Net income for the six months ended March 31, 2024 was $3,549,000 compared with net income of $3,606,000 for the six months ended March 31, 2023. Basic and diluted earnings per share were $0.30 for the three months ended March 31, 2024 compared with $0.28 for the three months ended Mar

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% from $1.8 million for the three months ended December 31, 2022. Basic and diluted earnings per share were $0.26 for the three months ended December 31, 2023 compared to $0.28 for the three months ended December 31, 2022. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share, which will be paid on February 22,

NEW BRUNSWICK, N.J., Nov. 14, 2023 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ:MGYR) announced that its Board of Directors has declared a special cash dividend of $0.07, payable December 12, 2023 to shareholders of record on November 28, 2023. About Magyar BancorpMagyar Bancorp is the parent company of Magyar Bank, a community bank headquartered in New Brunswick, New Jersey. Magyar Bank has been serving families and businesses in Central New Jersey since 1922 with a complete line of financial products and services. Today, Magyar operates seven branch locations in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater and Edison (2). Please visit us online at www.magbank.c

NEW BRUNSWICK, N.J., July 20, 2023 /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, 2023. The Company reported $1,918,000 in net income for the three months ended June 30, 2023 compared with net income of $2,117,000 for the three months ended June 30, 2022. Net income for the nine months ended June 30, 2023 was $5,524,000 compared with net income of $5,489,000 for the nine months ended June 30, 2022. Basic and diluted earnings per share were $0.30 for the three months ended June 30, 2023 compared with $0.31 for the three months ended June 30, 2022. Basic and dilut

NEW BRUNSWICK, N.J., April 20, 2023 /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, 2023. The Company reported a 7% increase in its net income for the three months ended March 31, 2023, to $1,796,000 compared with net income of $1,679,000 for the three months ended March 31, 2022. Net income for the six months ended March 31, 2023 was $3,606,000 compared with net income of $3,372,000 for the six months ended March 31, 2022. Basic and diluted earnings per share were $0.28 for the three months ended March 31, 2023 compared with $0.25 for the three months ended Marc

NEW BRUNSWICK, N.J., Jan. 26, 2023 /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, 2022. The Company reported a 6.9% increase in its net income for the three months ended December 31, 2022, to $1.8 million compared with net income of $1.7 million for the three months ended December 31, 2021. Basic and diluted earnings per share were $0.28 for the three months ended December 31, 2022 compared to $0.25 for the three months ended December 31, 2021. The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.03 per share, which will be

NEW BRUNSWICK, N.J., Nov. 15, 2022 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ:MGYR) announced that its Board of Directors has declared a special cash dividend of $0.08, payable December 13, 2022 to shareholders of record on November 29, 2022. About Magyar Bancorp Magyar Bancorp is the parent company of Magyar Bank, a community bank headquartered in New Brunswick, New Jersey. Magyar Bank has been serving families and businesses in Central New Jersey since 1922 with a complete line of financial products and services.  Today, Magyar operates seven branch locations in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater and Edison (2). Please visit us online at www.magbank.

NEW BRUNSWICK, N.J., Oct. 27, 2022 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ:MGYR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.03, payable November 23, 2022 to shareholders of record on November 10, 2022. About Magyar BancorpMagyar Bancorp is the parent company of Magyar Bank, a community bank headquartered in New Brunswick, New Jersey. Magyar Bank has been serving families and businesses in Central New Jersey since 1922 with a complete line of financial products and services.  Today, Magyar operates seven branch locations in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater and Edison (2). Please visit us online at www.m

NEW 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, 2021. Basic and diluted earnings per share were $0.31 for the three months ended June 30, 2022 compared to $0.24 for the three months ended June 30,

NEW BRUNSWICK, N.J. , April 21, 2022 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ:MGYR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.03, payable May 19, 2022 to shareholders of record on May 5, 2022. About Magyar Bancorp Magyar Bancorp is the parent company of Magyar Bank, a community bank headquartered in New Brunswick, New Jersey. Magyar Bank has been serving families and businesses in Central New Jersey since 1922 with a complete line of financial products and services.  Today, Magyar operates seven branch locations in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater and Edison (2). Please visit us online at www.magbank.c

NEW BRUNSWICK, N.J., Jan. 27, 2022 /PRNewswire/ -- Magyar Bancorp, Inc. (NASDAQ:MGYR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.03, payable February 24, 2022 to shareholders of record on February 10, 2022. About Magyar Bancorp Magyar Bancorp is the parent company of Magyar Bank, a community bank headquartered in New Brunswick, New Jersey. Magyar Bank has been serving families and businesses in Central New Jersey since 1922 with a complete line of financial products and services.  Today, Magyar operates seven branch locations in New Brunswick, North Brunswick, South Brunswick, Branchburg, Bridgewater and Edison (2). Please visit us online at

NEW BRUNSWICK, N.J., July 26, 2021 /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, 2021. The Company reported a 228% increase in its net income for the three months ended June 30, 2021, to $1,668,000 compared with net income of $509,000 for the three months ended June 30, 2020. Net income for the nine months ended June 30, 2021 was $4,510,000 compared with net income of $1,367,000 million for the nine months ended June 30, 2020. Basic and diluted earnings per share were $0.29 for the three months ended June 30, 2021 compared to $0.09 for the three months ended J

NEW BRUNSWICK, N.J., Jan. 25, 2021 /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, 2020. The Company reported a 142% increase in its net income for the three months ended December 31, 2020, to $1,337,000 compared with net income of $553,000 for the three months ended December 31, 2019. Basic and diluted earnings per share were $0.23 for the three months ended December 31, 2020 compared to $0.10 for the three months ended December 31, 2019. "We are pleased to announce an incredibly strong start to our 2021 Fiscal Year," stated John Fitzgerald, President and Chie