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

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) announced a quarterly dividend on Tuesday, July 23rd, Wall Street Journal reports. Investors of record on Thursday, August 15th will be given a dividend of 0.3672 per share on Tuesday, September 3rd. This represents a $1.47 annualized dividend and a yield of 7.83%. The ex-dividend date of this dividend is Thursday, August 15th.

Bridgewater Bancshares Stock Performance

Shares of BWBBP stock remained flat at $18.75 during trading on Tuesday. 8,951 shares of the company were exchanged, compared to its average volume of 3,252. Bridgewater Bancshares has a 52-week low of $15.25 and a 52-week high of $20.27. The company has a fifty day simple moving average of $18.24 and a 200-day simple moving average of $18.25.

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.