Glen Burnie Bancorp Plans Quarterly Dividend of $0.10 (NASDAQ:GLBZ)

Glen Burnie Bancorp (NASDAQ:GLBZ) declared a quarterly dividend on Friday, January 10th, Fidelity reports. Investors of record on Monday, January 20th will be paid a dividend of 0.10 per share by the financial services provider on Friday, January 31st. This represents a $0.40 annualized dividend and a yield of 3.46%. The ex-dividend date is Thursday, January 16th.

Shares of GLBZ opened at $11.55 on Tuesday. The business’s fifty day moving average price is $11.17 and its 200 day moving average price is $10.89. Glen Burnie Bancorp has a 12-month low of $10.22 and a 12-month high of $12.21. The stock has a market capitalization of $32.66 million, a PE ratio of 24.06 and a beta of 0.33.

Glen Burnie Bancorp (NASDAQ:GLBZ) last announced its quarterly earnings data on Friday, November 1st. The financial services provider reported $0.21 earnings per share (EPS) for the quarter. Glen Burnie Bancorp had a return on equity of 3.94% and a net margin of 8.55%. The firm had revenue of $3.54 million for the quarter.

Separately, ValuEngine upgraded Glen Burnie Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

Glen Burnie Bancorp Company Profile

Glen Burnie Bancorp operates as the bank holding company for The Bank of Glen Burnie that provides commercial and retail banking services to individuals, associations, partnerships, and corporations. The company accepts various deposits, including demand savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, holiday club accounts, and certificates of deposit.

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Dividend History for Glen Burnie Bancorp (NASDAQ:GLBZ)

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