Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) Declares $0.37 Quarterly Dividend

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) declared a quarterly dividend on Thursday, January 30th,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.3672 per share on Monday, March 3rd. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.51%. The ex-dividend date of this dividend is Friday, February 14th.

Bridgewater Bancshares has raised its dividend payment by an average of 51.3% per year over the last three years.

Bridgewater Bancshares Stock Up 0.9 %

Shares of BWBBP traded up $0.18 during trading hours on Thursday, reaching $19.55. 2,865 shares of the company traded hands, compared to its average volume of 3,574. The stock has a fifty day simple moving average of $19.34 and a 200 day simple moving average of $19.43. Bridgewater Bancshares has a fifty-two week low of $16.90 and a fifty-two week high of $22.00.

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.