How much dividend does MGYR pay?

MGYR currently pays a 2.10% annual dividend yield. On a $10,000 investment that equals $209.61/year, or $17.47/month.

How much would I earn investing $10,000 in MGYR?

A $10,000 investment in MGYR at the current 2.10% yield generates $209.61/year in dividend income, or $17.47 per month and $52.40 per quarter.

Is MGYR a good dividend stock?

MGYR offers a 2.10% dividend yield with a beta of 0.23 (lower volatility than the S&P 500). Use the Vestovix AI screener to compare it against other dividend stocks.

Magyar Bancorp Inc. (MGYR) Stock | 2.10% Dividend | $210/yr on $10K | Vestovix

Magyar Bancorp Inc. (MGYR) at a glance

Magyar Bancorp Inc. (MGYR) is a micro-cap Financial Services company. It trades at $19.39, with a P/E of 9.6, a 30% profit margin and revenue growth of 7.2%. It pays a 2.1% dividend yield. Vestovix scores it 78/100 overall. Its strongest dimension is Value (99/100) and its weakest is Income (59/100). It is a relatively defensive holding with below-market volatility.

Price: $19.39
Market cap: $110.2M
P/E ratio: 9.6
Dividend yield: 2.10%
Beta: 0.23
52-week range: $16.03 to $20.00