Bridgewater Bancshares, Inc. (NASDAQ:BWBBP – Get Rating) traded up 4% during mid-day trading on Thursday . The company traded as high as $21.45 and last traded at $21.45. 1,726 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 2,145 shares. The stock had previously closed at $20.62.
Bridgewater Bancshares Stock Up 4.0 %
The business has a fifty day moving average of $20.51 and a 200-day moving average of $21.68.
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Bridgewater Bancshares Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, December 1st. Investors of record on Tuesday, November 15th were issued a $0.3672 dividend. The ex-dividend date was Monday, November 14th. This represents a $1.47 dividend on an annualized basis and a dividend yield of 6.85%.
Insiders Place Their Bets
In other Bridgewater Bancshares news, CEO Jerry J. Baack sold 4,166 shares of the company's stock in a transaction on Wednesday, December 21st. The stock was sold at an average price of $18.10, for a total transaction of $75,404.60. Following the completion of the sale, the chief executive officer now owns 1,173,812 shares in the company, valued at $21,245,997.20. The transaction was disclosed in a document filed with the SEC, which can be accessed 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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