Bridgewater Bancshares (NASDAQ:BWBBP) Stock Price Up 0.6% – Still a Buy?

Bridgewater Bancshares, Inc. (NASDAQ:BWBBPGet Free Report) were up 0.6% on Wednesday . The company traded as high as $19.86 and last traded at $19.8550. Approximately 1,020 shares changed hands during mid-day 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 firm has a 50 day moving average price of $20.02 and a two-hundred day moving average price of $20.10.

Bridgewater Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a dividend of $0.3672 per share. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Friday, August 14th.

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.

Further Reading

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