MainStreet Bancshares, Inc. (NASDAQ:MNSBP – Get Free Report)’s share price shot up 2% on Friday . The stock traded as high as $23.27 and last traded at $23.19. 6,935 shares traded hands during mid-day trading, an increase of 118% from the average session volume of 3,182 shares. The stock had previously closed at $22.74.
MainStreet Bancshares Stock Performance
The firm has a 50 day simple moving average of $22.52 and a 200-day simple moving average of $22.61.
MainStreet Bancshares Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be given a dividend of $0.4688 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 8.09%. The ex-dividend date is Monday, September 16th.
About MainStreet Bancshares
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.
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