MAGYAR BANCORP, INC. ANNOUNCES QUARTERLY CASH DIVIDEND
Magyar Bancorp, Inc. (NASDAQ: MGYR) has declared a quarterly cash dividend of $0.03 per share, set to be paid on November 23, 2022, to shareholders on record by November 10, 2022. This dividend highlights the company's commitment to returning income to its shareholders. As a community bank serving Central New Jersey since 1922, Magyar Bancorp continues to provide diverse financial services, maintaining multiple branch locations within the region.
- Dividend of $0.03 per share signifies shareholder returns.
- Demonstrates ongoing profitability and commitment to dividends.
- None.
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
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.com.
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SOURCE Magyar Bancorp
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