Bridgewater Bancshares (NASDAQ:BWBBP) Stock Price Up 0.6% – Here’s Why

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP)’s share price shot up 0.6% during trading on Wednesday . The company traded as high as $19.86 and last traded at $19.8550. 1,020 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 2,470 shares. The stock had previously closed at $19.73.

Bridgewater Bancshares Trading Down 0.4%

The business’s fifty day moving average price is $20.01 and its 200-day moving average price is $20.10.

Bridgewater Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be paid a $0.3672 dividend. This represents a $1.47 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date of this dividend is Friday, August 14th.

Bridgewater Bancshares Company Profile

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.