Bridgewater Bancshares Preferred Stock About To Put More Money In Your Pocket

On 2/14/25, Bridgewater Bancshares Inc’s 5.875% Dep Shares Non Cumul Preferred Stock Ser A (Symbol: BWBBP) will trade ex-dividend, for its quarterly dividend of $0.3672, payable on 3/4/25. As a percentage of BWBBP’s recent share price of $20.00, this dividend works out to approximately 1.84%, so look for shares of BWBBP to trade 1.84% lower — all else being equal — when BWBBP shares open for trading on 2/14/25. On an annualized basis, the current yield is approximately 7.34%, which compares to an average yield of 7.52% in the “Banking & Savings” preferred stock category, according to Preferred Stock Channel.
The chart below shows the one year performance of BWBBP shares, versus BWB:
Below is a dividend history chart for BWBBP, showing historical dividends prior to the most recent $0.3672 on Bridgewater Bancshares Inc’s 5.875% Dep Shares Non Cumul Preferred Stock Ser A:
In Wednesday trading, Bridgewater Bancshares Inc’s 5.875% Dep Shares Non Cumul Preferred Stock Ser A (Symbol: BWBBP) is currently up about 1.5% on the day, while the common shares (Symbol: BWB) are off about 2.2%.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.