MainStreet Bancshares (NASDAQ:MNSBP) Trading 0.4% Higher – Time to Buy?

MainStreet Bancshares, Inc. (NASDAQ:MNSBPGet Free Report)’s stock price shot up 0.4% on Monday . The stock traded as high as $24.35 and last traded at $24.35. Approximately 608 shares traded hands during trading, a decline of 24% from the average daily volume of 804 shares. The stock had previously closed at $24.25.

MainStreet Bancshares Price Performance

The firm’s fifty day moving average price is $24.10 and its 200-day moving average price is $23.24.

MainStreet Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a $0.4688 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.88 annualized dividend and a yield of 7.70%.

About MainStreet Bancshares

(Get Free Report)

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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