Bridgewater Bancshares (NASDAQ:BWBBP) Trading Down 0.9% – Here’s What Happened

Bridgewater Bancshares, Inc. (NASDAQ:BWBBPGet Free Report) shares traded down 0.9% during trading on Friday . The company traded as low as $20.10 and last traded at $20.12. 2,648 shares were traded during mid-day trading, an increase of 16% from the average session volume of 2,291 shares. The stock had previously closed at $20.30.

Bridgewater Bancshares Stock Performance

The firm has a 50-day moving average price of $19.97 and a two-hundred day moving average price of $19.91.

Bridgewater Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Friday, May 15th were issued a dividend of $0.3672 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.47 dividend on an annualized basis and a yield of 7.3%.

About Bridgewater Bancshares

(Get Free Report)

Bridgewater Bancshares, Inc, headquartered in Bridgewater, South Dakota, is the bank holding company for Bridgewater State Bank. The company provides a full range of retail and commercial banking services to individuals, small businesses, farmers and nonprofit organizations across eastern South Dakota.

Bridgewater State Bank’s product offerings include a variety of deposit accounts—such as checking, savings, money market and certificate of deposit accounts—alongside commercial real estate, agricultural and consumer lending solutions.

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