Shares of MainStreet Bancshares, Inc. (NASDAQ:MNSBP – Get Free Report) shot up 0.6% during mid-day trading on Monday . The stock traded as high as $23.95 and last traded at $23.85. 4,563 shares were traded during mid-day trading, an increase of 46% from the average session volume of 3,120 shares. The stock had previously closed at $23.70.
MainStreet Bancshares Price Performance
The firm’s 50 day simple moving average is $22.96 and its 200-day simple moving average is $22.56.
MainStreet Bancshares Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were issued a dividend of $0.4688 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $1.88 annualized dividend and a yield of 7.86%.
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.
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