Bridgewater Bancshares (NASDAQ:BWBBP) Stock Price Down 0.9% – Here’s Why

Bridgewater Bancshares, Inc. (NASDAQ:BWBBPGet Free Report)’s stock price were down 0.9% during trading on Thursday . The company traded as low as $19.79 and last traded at $19.8150. Approximately 338 shares changed hands during trading, a decline of 85% from the average daily volume of 2,299 shares. The stock had previously closed at $20.00.

Bridgewater Bancshares Trading Up 0.3%

The stock’s fifty day moving average is $20.03 and its 200 day moving average is $19.93.

Bridgewater Bancshares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were issued a dividend of $0.3672 per share. This represents a $1.47 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date was Friday, May 15th.

About Bridgewater Bancshares

(Get Free Report)

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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