MainStreet Bancshares, Inc. (NASDAQ:MNSBP) Raises Dividend to $0.47 Per Share

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) declared a quarterly dividend on Friday, February 20th. Stockholders of record on Friday, March 13th will be paid a dividend of 0.47 per share on Monday, March 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Friday, March 13th. This is a 0.3% increase from MainStreet Bancshares’s previous quarterly dividend of $0.47.

MainStreet Bancshares Price Performance

Shares of NASDAQ MNSBP traded up $0.10 during mid-day trading on Wednesday, reaching $25.15. The company had a trading volume of 166 shares, compared to its average volume of 1,429. The stock has a fifty day moving average of $24.74 and a two-hundred day moving average of $24.64. MainStreet Bancshares has a 12-month low of $22.81 and a 12-month high of $28.25.

MainStreet Bancshares Company Profile

MainStreet Bancshares, Inc is a bank holding company headquartered in Stanwood, Washington, that provides commercial and consumer banking services through its subsidiary, MainStreet Bank. The company’s core activities include deposit-taking, lending, and treasury management, with an emphasis on personalized customer relationships. Through branch offices and digital channels, MainStreet Bancshares aims to serve small to mid-sized businesses, professionals, and individuals across its markets.

MainStreet Bancshares offers a range of deposit products, including checking accounts, savings accounts, money market accounts, certificates of deposit and individual retirement accounts.