MainStreet Bancshares (NASDAQ:MNSBP) Stock Price Down 0.2% – What’s Next?

MainStreet Bancshares, Inc. (NASDAQ:MNSBP)’s stock price fell 0.2% on Wednesday . The stock traded as low as $24.95 and last traded at $24.91. 449 shares changed hands during trading, a decline of 67% from the average session volume of 1,371 shares. The stock had previously closed at $24.95.

MainStreet Bancshares Price Performance

The firm’s fifty day moving average price is $24.80 and its 200-day moving average price is $24.70.

MainStreet Bancshares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, March 13th were paid a $0.47 dividend. This is a boost from MainStreet Bancshares’s previous quarterly dividend of $0.47. This represents a $1.88 annualized dividend and a yield of 7.5%. The ex-dividend date was Friday, March 13th.

About MainStreet Bancshares

MainStreet Bancshares, Inc is a bank holding company headquartered in Stanwood, Washington, that provides commercial and consumer banking services through its subsidiary, MainStreet Bank. The company’s core activities include deposit-taking, lending, and treasury management, with an emphasis on personalized customer relationships. Through branch offices and digital channels, MainStreet Bancshares aims to serve small to mid-sized businesses, professionals, and individuals across its markets.

MainStreet Bancshares offers a range of deposit products, including checking accounts, savings accounts, money market accounts, certificates of deposit and individual retirement accounts.