MainStreet Bancshares, Inc. (NASDAQ:MNSBP) Declares $0.47 Quarterly Dividend

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

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

MainStreet Bancshares Price Performance

Shares of MNSBP opened at $24.94 on Wednesday. MainStreet Bancshares has a 1-year low of $21.05 and a 1-year high of $25.03. The company’s fifty day moving average price is $24.01 and its 200-day moving average price is $23.03.

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.