Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Free Report) shares dropped 0.1% on Wednesday . The company traded as low as $19.88 and last traded at $20.00. Approximately 2,034 shares changed hands during mid-day trading, a decline of 10% from the average daily volume of 2,253 shares. The stock had previously closed at $20.02.
Bridgewater Bancshares Stock Down 2.0%
The business’s 50-day moving average is $20.23 and its two-hundred day moving average is $19.97.
Bridgewater Bancshares Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be paid a $0.3672 dividend. The ex-dividend date is Friday, May 15th. This represents a $1.47 dividend on an annualized basis and a yield of 7.4%.
About Bridgewater Bancshares
Bridgewater Bancshares, Inc, headquartered in Bridgewater, South Dakota, is the bank holding company for Bridgewater State Bank. The company provides a full range of retail and commercial banking services to individuals, small businesses, farmers and nonprofit organizations across eastern South Dakota.
Bridgewater State Bank’s product offerings include a variety of deposit accounts—such as checking, savings, money market and certificate of deposit accounts—alongside commercial real estate, agricultural and consumer lending solutions.
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