# Magyar Bancorp Raises Quarterly Dividend 20% to $0.12 Per Share

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/43198
Published: 2026-10-29T05:00:06.000Z
Updated: 2026-10-29T05:00:06.000Z
Section: Business

> Shareholders of record Nov. 10 qualify for the Nov. 24 payment; Nov. 10 is also the ex-dividend date.

Magyar Bancorp, Inc. (MGYR) set its next quarterly payment at $0.12 per share, up 20% from $0.10, with shareholders of record Nov. 10 due to receive it Nov. 24.

Nov. 10 is also the date the shares trade ex-dividend.