Bridgewater Bancshares' Preferred Stock Series A Shares Cross 7.5% Yield Mark

Bridgewater Bancshares’ 5.875% Series A preferred stock (BWBBP) was yielding above 7.5% based on its $1.4688 annualized dividend, with shares trading as low as $19.51. The note is a factual yield update rather than a new company development, highlighting income characteristics and price level for the preferred issue.

Analysis

Bridgewater Bancshares’ 5.875% Series A preferred stock (BWBBP) was yielding above 7.5% based on its $1.4688 annualized dividend, with shares trading as low as $19.51. The note is a factual yield update rather than a new company development, highlighting income characteristics and price level for the preferred issue.