Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) to Issue Quarterly Dividend of $0.37

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) announced a quarterly dividend on Thursday, January 30th,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be paid a dividend of 0.3672 per share on Monday, March 3rd. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date of this dividend is Friday, February 14th.

Bridgewater Bancshares has increased its dividend payment by an average of 51.3% per year over the last three years.

Bridgewater Bancshares Stock Performance

Shares of BWBBP opened at $19.55 on Friday. Bridgewater Bancshares has a 12-month low of $16.90 and a 12-month high of $22.00. The business’s fifty day moving average price is $19.36 and its 200 day moving average price is $19.44.

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.