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

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) declared a quarterly dividend on Tuesday, January 28th,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.3672 per share on Tuesday, March 4th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date is Friday, February 14th.

Bridgewater Bancshares has increased its dividend payment by an average of 51.3% annually over the last three years.

Bridgewater Bancshares Price Performance

Shares of NASDAQ BWBBP opened at $19.81 on Wednesday. The stock’s 50-day moving average is $19.44 and its 200 day moving average is $19.51. Bridgewater Bancshares has a 1-year low of $16.90 and a 1-year high of $22.00.

Bridgewater Bancshares Company Profile

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.