Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Announces Quarterly Dividend of $0.37

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) announced a quarterly dividend on Friday, April 26th, Wall Street Journal reports. Stockholders of record on Wednesday, May 15th will be paid a dividend of 0.3672 per share on Monday, June 3rd. This represents a $1.47 annualized dividend and a dividend yield of 8.28%. The ex-dividend date of this dividend is Tuesday, May 14th.

Bridgewater Bancshares Stock Performance

Shares of Bridgewater Bancshares stock traded up $0.05 during midday trading on Friday, hitting $17.74. The company’s stock had a trading volume of 1,467 shares, compared to its average volume of 3,026. The stock has a 50-day simple moving average of $17.96 and a 200-day simple moving average of $17.80. Bridgewater Bancshares has a 1-year low of $14.48 and a 1-year high of $20.27.

Bridgewater Bancshares Company Profile

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.