Bridgewater Bancshares (NASDAQ:BWBBP) Stock Price Up 1.8% – What’s Next?

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) shares rose 1.8% during trading on Monday . The stock traded as high as $20.57 and last traded at $20.9990. Approximately 4,970 shares were traded during mid-day trading, an increase of 109% from the average daily volume of 2,377 shares. The stock had previously closed at $20.62.

Bridgewater Bancshares Stock Performance

The business’s 50 day moving average price is $19.81 and its 200 day moving average price is $19.95.

Bridgewater Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were issued a $0.3672 dividend. This represents a $1.47 annualized dividend and a yield of 7.0%. The ex-dividend date was Friday, February 13th.

About Bridgewater Bancshares

Bridgewater Bancshares, Inc, headquartered in Bridgewater, South Dakota, is the bank holding company for Bridgewater State Bank. The company provides a full range of retail and commercial banking services to individuals, small businesses, farmers and nonprofit organizations across eastern South Dakota.

Bridgewater State Bank’s product offerings include a variety of deposit accounts—such as checking, savings, money market and certificate of deposit accounts—alongside commercial real estate, agricultural and consumer lending solutions.