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

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) announced a quarterly dividend on Friday, November 22nd,Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.4688 per share on Monday, December 30th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 7.52%. The ex-dividend date of this dividend is Friday, December 13th.

MainStreet Bancshares has raised its dividend payment by an average of 50.3% per year over the last three years.

MainStreet Bancshares Stock Performance

Shares of NASDAQ MNSBP opened at $24.94 on Wednesday. The stock has a 50 day moving average price of $24.01 and a 200 day moving average price of $23.03. MainStreet Bancshares has a 52-week low of $21.05 and a 52-week high of $25.03.

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.