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Bridgewater Bancshares' Preferred Stock Series A Shares Cross 7% Yield Mark

In trading on Wednesday, shares of Bridgewater Bancshares Inc's 5.875% Dep Shares Non Cumul Preferred Stock Ser A (BWBBP) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $19.94 on the day. This compares to an average yield of 8.32% in the "Banking & Savings" preferred stock category, according to Preferred Stock Channel..

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Bridgewater Bancshares, Inc. (BWB)