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

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) declared a quarterly dividend on Tuesday, July 23rd, Wall Street Journal reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.3672 per share on Tuesday, September 3rd. This represents a $1.47 annualized dividend and a dividend yield of 7.83%. The ex-dividend date of this dividend is Thursday, August 15th.

Bridgewater Bancshares Stock Performance

NASDAQ:BWBBP remained flat at $18.75 during midday trading on Tuesday. 8,951 shares of the company were exchanged, compared to its average volume of 3,252. Bridgewater Bancshares has a 1-year low of $15.25 and a 1-year high of $20.27. The business has a fifty day moving average price of $18.24 and a two-hundred day moving average price of $18.25.

About Bridgewater Bancshares

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.