Glen Burnie Bancorp Declares Quarterly Dividend of $0.10 (GLBZ)
Glen Burnie Bancorp (NASDAQ:GLBZ) announced a quarterly dividend on Thursday, September 12th, American Banking & Market News reports. Shareholders of record on Friday, September 27th will be paid a dividend of $0.10 per share on Tuesday, October 8th. This represents a $0.40 annualized dividend and a dividend yield of 3.26%.
Glen Burnie Bancorp (NASDAQ:GLBZ) remained flat at $12.26 during during mid-day trading trading on Thursday. The stock had a trading volume of 6,334 shares. Glen Burnie Bancorp has a one year low of $10.00 and a one year high of $12.95. The stock’s 50-day moving average is $12.32 and its 200-day moving average is $11.. The company has a market cap of $33.6 million and a price-to-earnings ratio of 13.70.
In other Glen Burnie Bancorp news, Director Edward L. Maddox sold 5,000 shares of Glen Burnie Bancorp stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $12.26, for a total transaction of $61,300.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Glen Burnie Bancorp is a bank holding company. The Bank of Glen Burnie (NASDAQ:GLBZ) is the Company’s subsidiary.
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