MainStreet Bancshares, Inc. to Issue Quarterly Dividend of $0.47 (NASDAQ:MNSBP)

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) declared a quarterly dividend on Friday, November 22nd,Wall Street Journal reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.4688 per share on Monday, December 30th. This represents a $1.88 annualized dividend and a dividend yield of 7.52%. The ex-dividend date is Friday, December 13th.

MainStreet Bancshares has raised its dividend by an average of 50.3% annually over the last three years.

MainStreet Bancshares Stock Performance

Shares of MNSBP stock remained flat at $24.94 on Wednesday. The stock had a trading volume of 49 shares, compared to its average volume of 2,977. MainStreet Bancshares has a 12 month low of $21.05 and a 12 month high of $25.03. The firm has a 50 day moving average price of $24.01 and a 200 day moving average price of $23.03.

MainStreet Bancshares Company Profile

MainStreet Bancshares, Inc operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, bill pay, remote deposit capture, and courier services.