Bridgewater Bancshares (NASDAQ:BWBBP) Stock Price Down 0.2% – Should You Sell?

Bridgewater Bancshares, Inc. (NASDAQ:BWBBPGet Free Report)’s stock price fell 0.2% during mid-day trading on Thursday . The stock traded as low as $18.75 and last traded at $18.86. 475 shares changed hands during trading, a decline of 88% from the average session volume of 3,901 shares. The stock had previously closed at $18.90.

Bridgewater Bancshares Stock Performance

The firm’s 50 day simple moving average is $18.83 and its 200-day simple moving average is $19.22.

Bridgewater Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be paid a dividend of $0.3672 per share. This represents a $1.47 annualized dividend and a yield of 7.79%. The ex-dividend date of this dividend is Thursday, May 15th.

Bridgewater Bancshares Company Profile

(Get Free Report)

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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