Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Free Report) announced a quarterly dividend on Thursday, January 30th,Wall Street Journal reports. Investors of record on Friday, February 14th will be given a dividend of 0.3672 per share on Monday, March 3rd. This represents a $1.47 dividend on an annualized basis and a yield of 7.44%. The ex-dividend date of this dividend is Friday, February 14th.
Bridgewater Bancshares has raised its dividend payment by an average of 51.3% annually over the last three years.
Bridgewater Bancshares Price Performance
BWBBP stock opened at $19.75 on Friday. Bridgewater Bancshares has a one year low of $16.90 and a one year high of $22.00. The company’s 50 day moving average price is $19.38 and its two-hundred day moving average price is $19.44.
About Bridgewater Bancshares
Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, entrepreneurs, business clients, and individuals in the United States. The company provides savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.
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