During the past 12 months, Magyar Bancorp's average Dividends Per Share Growth Rate was 52.40% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 40.60% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Magyar Bancorp was 40.60% per year. The lowest was 40.60% per year. And the median was 40.60% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Magyar Bancorp (NAS:MGYR) Forward Dividend Yield % Explanation
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Magyar Bancorp Forward Dividend Yield % Related Terms
MGYR vs OFED, UNIB, CWBK: Forward Dividend Yield % Comparison
For the Banks - Regional subindustry, Magyar Bancorp's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Magyar Bancorp Forward Dividend Yield % vs Banks Industry
For the Banks industry and Financial Services sector, Magyar Bancorp's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Magyar Bancorp's Forward Dividend Yield % falls into.
Magyar Bancorp Forward Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Magyar Bancorp Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.100000
2026-05-07
2026-05-07
2026-05-21
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.100000
2026-02-12
2026-02-12
2026-02-26
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.080000
2025-11-13
2025-11-13
2025-11-25
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.080000
2025-08-07
2025-08-07
2025-08-21
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Magyar Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Forward Dividend Yield % of 2.23% mean?
Magyar Bancorp (MGYR) has a Forward Dividend Yield % of 2.23% as of Jun. 27, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Magyar Bancorp and its competitors. According to the industry distribution chart, Magyar Bancorp ranks #905 out of 1243 companies in the Banks industry, placing it in the top 72.8%.
Is Magyar Bancorp's Forward Dividend Yield % too high?
Magyar Bancorp's current Forward Dividend Yield % is 2.23%. The Banks industry median Forward Dividend Yield % is 3.14. Magyar Bancorp's value of 2.23% is 29% below this industry median. Based on the distribution chart, Magyar Bancorp ranks #905 out of 1243 companies in the Banks industry, which is below the industry midpoint. Overall, Magyar Bancorp has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magyar Bancorp's Forward Dividend Yield % compare to OFED and UNIB?
According to the Banks industry distribution chart, Magyar Bancorp ranks #905 out of 1243 companies for Forward Dividend Yield %. This places Magyar Bancorp in the lower half of its industry. The industry median Forward Dividend Yield % is 3.14. Magyar Bancorp's value of 2.23% is 29% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for a Banks company?
The median Forward Dividend Yield % among Banks companies is 3.14, based on 1,243 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Magyar Bancorp's current Forward Dividend Yield % of 2.23% is 29% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Magyar Bancorp and its competitors. For the Banks industry, the median Forward Dividend Yield % is 3.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magyar Bancorp's current Forward Dividend Yield % is 2.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magyar Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Magyar Bancorp (MGYR) is currently considered Fairly Valued. The stock's GF Value™ is $16.27, compared to a current price of $17.90 — trading 10% above its estimated fair value. The current Forward Dividend Yield % is 2.23% and 29% below the Banks industry median of 3.14. Magyar Bancorp's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Magyar Bancorp (MGYR), the current Forward Dividend Yield % is 2.23% as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Magyar Bancorp (MGYR) Overvalued in 2026?
Based on GuruFocus' analysis, Magyar Bancorp stock appears to be overvalued.
The current stock price of $17.90 is trading 10% above its estimated GF Value™ of $16.27.
GuruFocus considers Magyar Bancorp to be Fairly Valued.
Key valuation signals for MGYR:
Forward Dividend Yield %: 2.23%
GF Value™: $16.27 vs. price of $17.90 (10% above fair value)
Industry Position: 29% below the Banks median (#905 of 1243)
No single metric tells the full story. See the MGYR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magyar Bancorp Inc is an independent, community financial services provider offering traditional banking services to individual, business, and government customers. The Company attracts retail deposits through its main office in New Brunswick, New Jersey, and branch offices in Middlesex and Somerset Counties, and invests those funds mainly in commercial and residential real estate loans, commercial business loans, SBA loans, home equity loans and lines of credit, construction and land loans, and investment securities. Revenues are derived mainly from interest on loans and securities and from fees and service charges, with lending relationships focused on small to mid-sized businesses and individual consumers in central and northern New Jersey.
65GF Score
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Forward Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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