Glen Burnie Bancorp (GLBZ) Plans Quarterly Dividend of $0.10
Glen Burnie Bancorp (NASDAQ:GLBZ) declared a quarterly dividend on Thursday, January 12th. Investors of record on Monday, January 23rd will be paid a dividend of 0.10 per share by the financial services provider on Friday, February 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date of this dividend is Thursday, January 19th.
Glen Burnie Bancorp (NASDAQ:GLBZ) opened at 11.6629 on Friday. The company has a market cap of $32.46 million, a price-to-earnings ratio of 28.1034 and a beta of 0.02. Glen Burnie Bancorp has a 12 month low of $9.86 and a 12 month high of $12.48. The company’s 50 day moving average is $11.05 and its 200-day moving average is $10.59.
Glen Burnie Bancorp (NASDAQ:GLBZ) last posted its earnings results on Wednesday, October 26th. The financial services provider reported $0.04 earnings per share for the quarter. Glen Burnie Bancorp had a net margin of 7.67% and a return on equity of 3.31%.
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Separately, TheStreet raised shares of Glen Burnie Bancorp from a “hold” rating to a “buy” rating in a report on Friday, December 30th.
Glen Burnie Bancorp Company Profile
Glen Burnie Bancorp is the bank holding company for The Bank of Glen Burnie (the Bank), a commercial bank. The Bank is engaged in the commercial and retail banking business, including the acceptance of demand and time deposits, and the origination of loans to individuals, associations, partnerships and corporations.
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