Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Free Report)’s share price shot up 0.6% during mid-day trading on Wednesday . The stock traded as high as $19.86 and last traded at $19.8550. Approximately 1,020 shares changed hands during trading, a decline of 59% from the average daily volume of 2,470 shares. The stock had previously closed at $19.73.
Bridgewater Bancshares Price Performance
The company’s 50 day moving average is $20.02 and its 200 day moving average is $20.10.
Bridgewater Bancshares Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a dividend of $0.3672 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $1.47 annualized dividend and a dividend yield of 7.4%.
Bridgewater Bancshares Company Profile
Bridgewater Bancshares, Inc, headquartered in Bridgewater, South Dakota, is the bank holding company for Bridgewater State Bank. The company provides a full range of retail and commercial banking services to individuals, small businesses, farmers and nonprofit organizations across eastern South Dakota.
Bridgewater State Bank’s product offerings include a variety of deposit accounts—such as checking, savings, money market and certificate of deposit accounts—alongside commercial real estate, agricultural and consumer lending solutions.
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