$17.45
-0.55 (-3.06%)
Dividend Overview
2.02%
Dividend Yield
+0.72% vs S&P 500 avg
$0.28
Annual Dividend
Per Payment$0.07
Frequencyquarterly
Payout Ratio18.7%
Ex-DividendApr 15, 2026
Pay DateMay 3, 2026
Stock Price$17.45
Dividend Income Calculator
If you invest $10,000 in MGYR at $17.45/share
Monthly
$13.40
Quarterly
$40.21
Annually
$160.84
573 shares
Based on current price of $17.45 per share
To earn $100/month in dividends
You would need 4,276 shares
$74,616.20
investment needed
Dividend Safety
Safe
18.7% payout ratio
Safe
Moderate
High
A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.
Dividend Comparison — Banking
| Stock | Yield | Annual Div | Payout Ratio | Price |
|---|---|---|---|---|
| HDB | 1.38% | $12.95 | 20.9% | $25.83 |
| IBN | 0.86% | $9.96 | 13.8% | $29.03 |
| JPM | 1.79% | $6.05 | 29.1% | $327.33 |
| BAC | 1.92% | $1.29 | 31.3% | $56.98 |
| RY | 2.43% | $6.25 | 43.2% | $206.97 |
| TD | 2.53% | $4.46 | 37.3% | $121.43 |
| WFC | 2.27% | $2.03 | 30.4% | $82.64 |
| C | 1.66% | $2.96 | 37.6% | $139.96 |
| BMO | 2.76% | $7.00 | 57.8% | $176.70 |
| BNS | 3.72% | $4.74 | 75.4% | $86.84 |