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

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) announced a quarterly dividend on Friday, November 22nd,Wall Street Journal reports. Investors of record on Friday, December 13th will be paid a dividend of 0.4688 per share on Monday, December 30th. This represents a $1.88 annualized dividend and a dividend yield of 7.52%. The ex-dividend date of this dividend is Friday, December 13th.

MainStreet Bancshares has increased its dividend payment by an average of 50.3% annually over the last three years.

MainStreet Bancshares Price Performance

Shares of MNSBP remained flat at $24.94 during trading hours on Wednesday. The stock had a trading volume of 49 shares, compared to its average volume of 2,977. MainStreet Bancshares has a 12 month low of $21.05 and a 12 month high of $25.03. The business’s fifty day moving average is $24.01 and its 200 day moving average is $23.03.

MainStreet Bancshares Company Profile

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.