The following excerpt is from the company's SEC filing.
NEW BRUNSWICK, NEW JERSEY – April 21, 2022
Magyar Bancorp, Inc. (NASDAQ: MGYR) announced today that its Board of Directors has declared a quarterly cash dividend of $0.03,
payable May 19, 2022 to shareholders of record on May 5, 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, Sout h Brunswick, Branchburg, Bridgewater and Edison (2). Please visit us online at www.magbank.com.
Contact: John Reissner, 732.214.2083
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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