MainStreet Bancshares, Inc. (NASDAQ:MNSBP) to Issue $0.47 Quarterly Dividend

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) declared a quarterly dividend on Friday, May 22nd. Stockholders of record on Monday, June 15th will be given a dividend of 0.47 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Monday, June 15th.

MainStreet Bancshares Stock Up 0.6%

NASDAQ:MNSBP traded up $0.14 during mid-day trading on Friday, reaching $25.00. 202 shares of the company’s stock traded hands, compared to its average volume of 1,609. MainStreet Bancshares has a 12-month low of $23.06 and a 12-month high of $28.25. The company has a 50 day moving average price of $25.02 and a 200-day moving average price of $24.84.

About MainStreet Bancshares

MainStreet Bancshares, Inc is a bank holding company headquartered in Stanwood, Washington, that provides commercial and consumer banking services through its subsidiary, MainStreet Bank. The company’s core activities include deposit-taking, lending, and treasury management, with an emphasis on personalized customer relationships. Through branch offices and digital channels, MainStreet Bancshares aims to serve small to mid-sized businesses, professionals, and individuals across its markets.

MainStreet Bancshares offers a range of deposit products, including checking accounts, savings accounts, money market accounts, certificates of deposit and individual retirement accounts.