MainStreet Bancshares Declares $0.10 Cash Dividend per Share for Common Shareholders

On October 29, 2024, MainStreet Bancshares, Inc. made an announcement regarding a cash dividend for its common shareholders. The Board of Directors has approved a dividend of $0.10 per share, which is scheduled to be disbursed on November 19, 2024. Shareholders of record as of November 12, 2024, will be eligible to receive this dividend.

Future dividend decisions for common shareholders will be evaluated by the Board of Directors, contingent upon a thorough assessment of the company’s financial status, operational outcomes, and other relevant factors. Subsequent declarations of dividends will be subject to the discretion of the Board of Directors.

MainStreet Bancshares’ common stock is actively traded on the Nasdaq Capital Market under the trading symbol “MNSB.”

It is important to note that the details furnished under Item 8.01 in this Current Report on Form 8-K are not considered “filed” as per the provisions of Section 18 of the Securities Exchange Act of 1934. Therefore, they are not subjected to the liabilities of that Section, nor are they deemed to be incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, unless explicitly specified by specific reference in such filings to this Form 8-K.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read MainStreet Bancshares’s 8K filing here.

About MainStreet Bancshares

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.