Dividend Details
MGRB (NYSE:MGRB) will go ex-dividend tomorrow, June 29, 2026.
Investors who purchase shares before the ex-dividend date will receive the upcoming quarterly dividend of $0.2970 per share. The dividend will be paid on June 30, 2026.
ex dividendNYSE:MGRB
MGRB (MGRB) Goes Ex-Dividend Tomorrow
Dividend Details MGRB (NYSE:MGRB) will go ex-dividend tomorrow, June 29, 2026. Investors who purchase shares before the ex-dividend date will receive the upcoming quarterly…
Market Overview
At the current stock price of $16.30, MGRB's dividend represents an annual yield of 7.29%. The Financial Services company has a market capitalization of $491.7M.
Investors who purchase MGRB shares before the ex-dividend date will receive the upcoming dividend payment. The stock price typically adjusts downward by approximately the dividend amount on the ex-date, reflecting the distribution. Long-term holders focused on total return generally view ex-dividend dates as routine, while income-focused investors may time purchases around these dates.
At a 7.29% yield, MGRB offers above-average income relative to the broader market. High yields can be attractive for income investors but also warrant scrutiny — an elevated yield sometimes reflects a declining stock price rather than generous payouts. Comparing the yield against the company's payout ratio and earnings trajectory provides a clearer picture of sustainability.
MGRB Dividend History
| Ex-Date | Pay Date | Amount/Share |
|---|---|---|
| Jun 29, 2026 | N/A | $0.2970 |
| Mar 27, 2026 | N/A | $0.2970 |
| Dec 29, 2025 | N/A | $0.2970 |
| Sep 29, 2025 | N/A | $0.2970 |
| Jun 27, 2025 | N/A | $0.2970 |
| Mar 28, 2025 | N/A | $0.2970 |
Related Tools: Dividend Calculator | Ex-Dividend Calendar | View MGRB Stock Page
Frequently Asked Questions
What is MGRB's current dividend yield?
See the latest dividend yield and payout history on our MGRB dividend page.
How can I calculate dividend income from MGRB?
Use our Dividend Calculator to estimate annual income based on your share count.