Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Rating) shares fell 1.2% during mid-day trading on Tuesday . The stock traded as low as $20.50 and last traded at $20.50. 1,850 shares were traded during trading, a decline of 13% from the average session volume of 2,131 shares. The stock had previously closed at $20.75.
Bridgewater Bancshares Trading Down 1.2 %
The company has a fifty day moving average price of $20.39 and a 200-day moving average price of $22.01.
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Bridgewater Bancshares Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, December 1st. Investors of record on Tuesday, November 15th were issued a dividend of $0.3672 per share. The ex-dividend date was Monday, November 14th. This represents a $1.47 annualized dividend and a yield of 7.16%.
Insider Activity at Bridgewater Bancshares
In related news, CEO Jerry J. Baack sold 4,166 shares of the stock in a transaction on Wednesday, October 19th. The stock was sold at an average price of $17.77, for a total transaction of $74,029.82. Following the sale, the chief executive officer now owns 1,182,144 shares in the company, valued at approximately $21,006,698.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through
this link.
About Bridgewater Bancshares
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Bridgewater Bancshares, Inc operates as the bank holding company for Bridgewater Bank that provides banking products and services to commercial real estate investors, small business entrepreneurs, and high net worth individuals in the United States. The company offers savings and money market accounts, demand deposits, time and brokered deposits, and interest and noninterest bearing transaction, as well as certificates of deposit.
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