Bridgewater Bancshares (NASDAQ:BWBBP) Trading Down 0.9% – Should You Sell?

Bridgewater Bancshares, Inc. (NASDAQ:BWBBPGet Free Report) fell 0.9% during mid-day trading on Thursday . The stock traded as low as $19.79 and last traded at $19.8150. 338 shares were traded during mid-day trading, a decline of 85% from the average session volume of 2,299 shares. The stock had previously closed at $20.00.

Bridgewater Bancshares Stock Performance

The company’s 50-day moving average price is $20.04 and its 200-day moving average price is $19.93.

Bridgewater Bancshares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 15th were given a dividend of $0.3672 per share. This represents a $1.47 annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend was Friday, May 15th.

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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