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

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) announced a quarterly dividend on Thursday, February 27th, Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.4688 per share on Sunday, March 30th. This represents a $1.88 dividend on an annualized basis and a yield of 7.72%. The ex-dividend date is Friday, March 14th.

MainStreet Bancshares Trading Down 2.0 %

NASDAQ MNSBP traded down $0.50 during trading on Wednesday, reaching $24.30. 1,739 shares of the company’s stock traded hands, compared to its average volume of 1,206. MainStreet Bancshares has a 12-month low of $21.05 and a 12-month high of $25.22. The company’s 50 day simple moving average is $24.36 and its two-hundred day simple moving average is $23.92.

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.