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MainStreet Bancshares, Inc. operates as the bank holding company for MainStreet Bank that provides various banking products and services for individuals, small to medium-sized businesses, and professional service organizations. The company offers demand, NOW, money market, savings, and sweep accounts, as well as certificates of deposit; business and consumer checking, interest-bearing checking, business account analysis, and other depository services; and cash management, wire transfer, check imaging, remote deposit capture, and courier services. It also provides commercial loans, including government contract receivables, plant and equipment, general working capital, contract administration, and acquisition loans; commercial real estate, real estate construction, and residential real estate loans; and consumer loans comprising term loans and overdraft protection, as well as debit and credit cards. In addition, the company provides deposit insurance solutions; remote deposit of checks; and internet bill payment, online cash management, and online and mobile banking services. As of March 18, 2022, it operated six branches in Herndon, Fairfax, McLean, Leesburg, Clarendon, and Washington D.C., as well as 55,000 automated teller machines. MainStreet Bancshares, Inc. was incorporated in 2003 and is headquartered in Fairfax, Virginia.

MainStreet Bancshares Dividend Announcement

MainStreet Bancshares announced a quarterly dividend of $0.10 per ordinary share which will be made payable on 2024-11-19. Ex dividend date: 2024-11-12
MainStreet Bancshares annual dividend for 2024 was $0.40
MainStreet Bancshares annual dividend for 2023 was $0.40
MainStreet Bancshares's trailing twelve-month (TTM) dividend yield is 2.17%
MainStreet Bancshares's payout ratio for the trailing twelve months (TTM) is 42.90%

MainStreet Bancshares Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-11-12$0.10quarterly2024-11-19
2024-08-09$0.10quarterly2024-08-16
2024-05-02$0.10quarterly2024-05-10
2024-02-01$0.10quarterly2024-02-09
2023-11-06$0.10quarterly2023-11-14
2023-08-03$0.10quarterly2023-08-11
2023-05-04$0.10quarterly2023-05-12
2023-02-02$0.10quarterly2023-02-10
2022-11-03$0.10quarterly2022-11-10
2022-08-03$0.05quarterly2022-08-11
2022-05-04$0.05quarterly2022-05-12
2022-02-02$0.05quarterly2022-02-10

MainStreet Bancshares Dividend per year

MainStreet Bancshares Dividend growth

MainStreet Bancshares Dividend Yield

MainStreet Bancshares current trailing twelve-month (TTM) dividend yield is 2.17%. Interested in purchasing MainStreet Bancshares stock? Use our calculator to estimate your expected dividend yield:

MainStreet Bancshares Financial Ratios

P/E ratio12.35
PEG ratio0.07
P/B ratio0.62
ROE5.06%
Payout ratio42.90%
Current ratio0.10
Quick ratio0.10
Cash Ratio0.04

MainStreet Bancshares Dividend FAQ

How much is the next MainStreet Bancshares dividend?
MainStreet Bancshares's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next MainStreet Bancshares dividend. The next MainStreet Bancshares dividend will be released in February, May, August, or November.
When is MainStreet Bancshares dividend paid?
MainStreet Bancshares pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does MainStreet Bancshares pay?
The specific amount of MainStreet Bancshares dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MainStreet Bancshares's dividend history.
Does MainStreet Bancshares stock pay dividends?
Yes, MainStreet Bancshares does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find MainStreet Bancshares's dividend history.
How much dividend does MainStreet Bancshares pay?
MainStreet Bancshares paid $0.4 in 2024, $0.4 in 2023, $0.25 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does MainStreet Bancshares pay dividends?
MainStreet Bancshares typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is MainStreet Bancshares's dividend yield?
The current dividend yield for MainStreet Bancshares is 2.17%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate MainStreet Bancshares's exact dividend yield.
When does MainStreet Bancshares go ex dividend?
MainStreet Bancshares's ex-dividend date for the latest dividend was on 2024-11-12. MainStreet Bancshares typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next MainStreet Bancshares dividend paid?
MainStreet Bancshares pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will MainStreet Bancshares increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether MainStreet Bancshares will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is MainStreet Bancshares dividend per share?
MainStreet Bancshares paid $0.4 per share in 2024 and $0.4 per share in 2023. The amount of dividend per share that MainStreet Bancshares pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is MainStreet Bancshares a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is MainStreet Bancshares a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is MainStreet Bancshares a dividend stock?
Yes, MainStreet Bancshares is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is MainStreet Bancshares a good dividend stock?
Whether MainStreet Bancshares is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. MainStreet Bancshares has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating MainStreet Bancshares as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does MainStreet Bancshares pay dividends monthly?
MainStreet Bancshares typically pays dividends on a quarterly basis.
Does MainStreet Bancshares pay dividends quarterly?
MainStreet Bancshares currently pays dividends on a quarterly basis.
Has MainStreet Bancshares ever paid a dividend?
Yes, MainStreet Bancshares has a history of paying dividends to its shareholders. MainStreet Bancshares is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy MainStreet Bancshares dividend stocks?
To buy MainStreet Bancshares you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy MainStreet Bancshares stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does MainStreet Bancshares pay dividends 2024?
MainStreet Bancshares pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-19. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will MainStreet Bancshares increase its dividend in 2024?
Decisions regarding MainStreet Bancshares dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date MainStreet Bancshares dividend overview you can look into the above table of dividend history.
How MainStreet Bancshares dividend works?
The MainStreet Bancshares dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how MainStreet Bancshares's dividend process works:

1. Determination of Dividend: MainStreet Bancshares's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, MainStreet Bancshares publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, MainStreet Bancshares distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from MainStreet Bancshares are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are MainStreet Bancshares dividends paid?
MainStreet Bancshares dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: MainStreet Bancshares sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, MainStreet Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: MainStreet Bancshares declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does MainStreet Bancshares pay dividends?
MainStreet Bancshares typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does MainStreet Bancshares pay dividends?
The general pattern is that MainStreet Bancshares pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is MainStreet Bancshares dividend safe?
The safety of MainStreet Bancshares's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of MainStreet Bancshares's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review MainStreet Bancshares's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.