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MAGYAR BANCORP, INC. ANNOUNCES QUARTERLY CASH DIVIDEND

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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 $0.03, payable November 23, 2022 to shareholders of record on November 10, 2022.

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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Magyar Bancorp, Inc.

NASDAQ:MGYR

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73.59M
5.34M
17.18%
30.6%
0.05%
Commercial Banking
Finance and Insurance
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United States of America
NEW BRUNSWICK

About MGYR

magyar bank is your one stop solution for all your banking needs. we've been helping families and businesses reach their financial dreams since 1922, and we're an active leader in the communities we serve. each year, we support over 75 local organizations through employees volunteering their time, and corporate donations. no matter what your banking needs, magyar bank is ready to help. http://bit.ly/2baby3d. member fdic.