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

MainStreet Bancshares, Inc. (NASDAQ:MNSBP) declared a quarterly dividend on Tuesday, November 26th,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 7.84%. The ex-dividend date is Friday, December 13th.

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

MainStreet Bancshares Stock Performance

Shares of MNSBP traded down $0.24 during midday trading on Tuesday, hitting $23.93. The stock had a trading volume of 85 shares, compared to its average volume of 2,926. The company has a 50 day simple moving average of $23.75 and a two-hundred day simple moving average of $22.90. MainStreet Bancshares has a twelve month low of $20.71 and a twelve month high of $25.03.

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.