Cash Dividend On The Way From Bridgewater Bancshares Preferred Stock

On 5/14/24, Bridgewater Bancshares Inc's 5.875% Dep Shares Non Cumul Preferred Stock Ser A (BWBBP) will trade ex-dividend, for its quarterly dividend of $0.3672, payable on 6/3/24. As a percentage of BWBBP's recent share price of $18.83, this dividend works out to approximately 1.95%, so look for shares of BWBBP to trade 1.95% lower — all else being equal — when BWBBP shares open for trading on 5/14/24..