Bridgewater Bancshares declares $0.37 quarterly dividend, annualized at $1.47 with a 7.80% yield.

Bridgewater Bancshares, Inc. (NASDAQ:BWBBP) announced a $0.37 quarterly dividend on April 23rd, with shareholders of record on May 15th to receive the payout on June 3rd. This translates to a $1.47 annualized dividend and a yield of 7.80%. The ex-dividend date is May 14th. The company's stock remained flat at $18.83 on Friday, with a 50-day moving average of $17.93 and a 200-day moving average of $17.93.