MainStreet Bancshares, Inc. (NASDAQ:MNSBP) Announces Quarterly Dividend of $0.47

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) announced a quarterly dividend on Tuesday, May 27th, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be given a dividend of 0.47 per share on Monday, June 30th. This represents a $1.88 annualized dividend and a dividend yield of 7.94%. The ex-dividend date is Friday, June 13th. This is a 0.3% increase from MainStreet Bancshares’s previous quarterly dividend of $0.47.

MainStreet Bancshares Trading Up 1.4%

MNSBP stock traded up $0.32 during trading on Tuesday, hitting $23.68. 467 shares of the stock traded hands, compared to its average volume of 2,617. MainStreet Bancshares has a one year low of $21.09 and a one year high of $25.27. The company has a 50 day simple moving average of $23.90 and a 200 day simple moving average of $24.16.

About MainStreet Bancshares

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.