MainStreet Bancshares, Inc. Announces Quarterly Dividend of $0.47 (NASDAQ:MNSBP)

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) declared a quarterly dividend on Friday, August 30th, Wall Street Journal reports. Shareholders of record on Monday, September 16th will be given a dividend of 0.4688 per share on Monday, September 30th. This represents a $1.88 dividend on an annualized basis and a yield of 8.17%. The ex-dividend date is Monday, September 16th.

MainStreet Bancshares has raised its dividend by an average of 50.3% annually over the last three years.

MainStreet Bancshares Trading Up 0.7 %

Shares of NASDAQ MNSBP traded up $0.16 during mid-day trading on Friday, reaching $22.95. 2,730 shares of the company’s stock were exchanged, compared to its average volume of 2,639. MainStreet Bancshares has a twelve month low of $19.50 and a twelve month high of $25.03. The business has a fifty day simple moving average of $22.33 and a 200 day simple moving average of $22.73.

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.