MainStreet Bancshares (NASDAQ:MNSBP) Trading Up 2%

MainStreet Bancshares, Inc. (NASDAQ:MNSBP)’s share price were up 2% during mid-day trading on Friday . The company traded as high as $23.27 and last traded at $23.19. Approximately 6,935 shares traded hands during trading, an increase of 118% from the average daily volume of 3,182 shares. The stock had previously closed at $22.74.

MainStreet Bancshares Price Performance

The stock’s 50-day moving average price is $22.52 and its 200 day moving average price is $22.61.

MainStreet Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be issued a $0.4688 dividend. The ex-dividend date is Monday, September 16th. This represents a $1.88 dividend on an annualized basis and a yield of 8.09%.

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.