MainStreet Bancshares, Inc. (NASDAQ:MNSBP – Get Free Report) declared a quarterly dividend on Friday, November 22nd,Wall Street Journal reports. Shareholders of record on Friday, December 13th will be given a dividend of 0.4688 per share on Monday, December 30th. This represents a $1.88 dividend on an annualized basis and a yield of 7.52%. The ex-dividend date of this dividend is Friday, December 13th.
MainStreet Bancshares has increased its dividend by an average of 50.3% annually over the last three years.
MainStreet Bancshares Price Performance
Shares of MNSBP remained flat at $24.94 during midday trading on Wednesday. 49 shares of the stock were exchanged, compared to its average volume of 2,977. MainStreet Bancshares has a 52 week low of $21.05 and a 52 week high of $25.03. The company’s 50 day simple moving average is $24.01 and its 200 day simple moving average is $23.03.
MainStreet Bancshares Company Profile
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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