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

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) announced a quarterly dividend on Tuesday, November 26th,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 yield of 7.84%. The ex-dividend date of this dividend is Friday, December 13th.

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

MainStreet Bancshares Trading Down 1.0 %

Shares of MainStreet Bancshares stock traded down $0.24 during mid-day trading on Tuesday, reaching $23.93. 85 shares of the stock were exchanged, compared to its average volume of 2,926. MainStreet Bancshares has a fifty-two week low of $20.71 and a fifty-two week high of $25.03. The firm has a 50-day simple moving average of $23.75 and a 200 day simple moving average of $22.90.

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.