MainStreet Bancshares Announces Director Retirement, Dividend Payout

MainStreet Bancshares (MNSB) has provided an update.

Elizabeth S. Bennett has retired from her position on the Board of Directors for MainStreet Bancshares, Inc. and MainStreet Bank, effective August 21, 2024, with no disagreements cited regarding company operations. The following day, the board declared a quarterly cash dividend for its Series A Preferred Stock, which will be payable on September 30 to shareholders of record by September 16. This dividend announcement follows the earlier issuance of 1,150,000 depositary shares and is part of a regular quarterly payout plan. MainStreet Bancshares’ Depositary Shares are publicly traded on the Nasdaq Capital Market under the ticker “MNSBP.”

For a thorough assessment of MNSB stock, go to TipRanks’ Stock Analysis page.