Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Rating) CEO Jerry J. Baack sold 4,166 shares of Bridgewater Bancshares stock in a transaction dated Wednesday, December 21st. The shares were sold at an average price of $18.10, for a total value of $75,404.60. Following the transaction, the chief executive officer now directly owns 1,173,812 shares in the company, valued at approximately $21,245,997.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Bridgewater Bancshares Stock Down 2.4 %
Shares of Bridgewater Bancshares stock traded down $0.51 during trading on Thursday, hitting $20.50. 268 shares of the stock traded hands, compared to its average volume of 2,112. Bridgewater Bancshares, Inc. has a twelve month low of $18.50 and a twelve month high of $26.68. The company has a fifty day moving average price of $20.36 and a two-hundred day moving average price of $21.98.
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Bridgewater Bancshares Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, December 1st. Stockholders 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 dividend yield of 7.16%.
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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