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Magyar Bancorp ( (MGYR) ) just unveiled an announcement.
On July 24, 2025, Magyar Bancorp announced that its Board of Directors approved a quarterly cash dividend of $0.08 per common share. This dividend will be payable on August 21, 2025, to shareholders of record as of August 7, 2025, reflecting the company’s ongoing commitment to returning value to its shareholders.
Spark’s Take on MGYR Stock
According to Spark, TipRanks’ AI Analyst, MGYR is a Neutral.
Magyar Bancorp’s strong financial performance, as shown by its revenue growth and efficient operations, is the most significant factor in its stock score. The stock’s overbought technical indicators slightly offset the positive earnings and valuation outlook, suggesting potential caution. The valuation is fair, offering reasonable value with a modest dividend yield. No additional influence from earnings call or corporate events data.
To see Spark’s full report on MGYR stock, click here.
More about Magyar Bancorp
Average Trading Volume: 8,654
Technical Sentiment Signal: Buy
Current Market Cap: $110.8M
For an in-depth examination of MGYR stock, go to TipRanks’ Overview page.