Magyar Bancorp, Inc. (MGYR) To Go Ex-Dividend on December 6th

Magyar Bancorp, Inc. (NASDAQ:MGYR) announced a dividend on Friday, November 22nd,NASDAQ Dividends reports. Stockholders of record on Friday, December 6th will be paid a dividend of 0.04 per share by the bank on Friday, December 20th. The ex-dividend date of this dividend is Friday, December 6th.

Magyar Bancorp Stock Performance

NASDAQ MGYR traded up $0.98 during mid-day trading on Wednesday, reaching $14.74. 15,826 shares of the stock were exchanged, compared to its average volume of 4,934. The stock has a market capitalization of $95.66 million, a PE ratio of 11.89 and a beta of 0.31. Magyar Bancorp has a 1-year low of $9.75 and a 1-year high of $14.74. The business’s fifty day simple moving average is $12.69 and its 200 day simple moving average is $12.08.

About Magyar Bancorp

Magyar Bancorp, Inc operates as the holding company for Magyar Bank that provides various consumer and commercial banking services to individuals, businesses, and nonprofit organizations in New Jersey, the United States. It accepts various deposit accounts, including demand, savings, NOW, money market, and retirement accounts, as well as certificates of deposit.