Magyar Bancorp is the mid-tier stock holding company of Magyar Bank, a savings bank. Co. accepts retail deposits from the general public in the areas surrounding its main office New Brunswick, NJ, and its branch offices located in Middlesex and Somerset Counties, NJ, and invests those deposits, together with funds generated from operations and wholesale funding, in residential mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans, commercial business loans, Small Business Administration loans, construction loans and investment securities. Co. also originates consumer loans, which consist primarily of secured demand loans. The MGYR stock yearly return is shown above.
The yearly return on the MGYR stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the MGYR annual return calculation with any dividends reinvested as applicable (on ex-dates).
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