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

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) announced a quarterly dividend on Monday, October 21st,NASDAQ Dividends reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.3672 per share on Monday, December 2nd. This represents a $1.47 annualized dividend and a dividend yield of 7.34%. The ex-dividend date of this dividend is Friday, November 15th.

Bridgewater Bancshares Stock Up 2.8 %

NASDAQ:BWBBP opened at $20.00 on Thursday. Bridgewater Bancshares has a 1-year low of $15.25 and a 1-year high of $22.00. The company has a 50-day moving average of $20.06 and a 200 day moving average of $18.96.

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.