Glen Burnie Bancorp to Issue Dividend of $0.10 (NASDAQ:GLBZ)
Glen Burnie Bancorp (NASDAQ:GLBZ) declared a dividend on Thursday, July 13th, Fidelity reports. Investors of record on Monday, July 24th will be paid a dividend of 0.10 per share by the financial services provider on Friday, August 4th. The ex-dividend date is Thursday, July 20th.
Shares of Glen Burnie Bancorp (NASDAQ:GLBZ) traded up 0.84% during trading on Friday, reaching $10.85. The company had a trading volume of 1,686 shares. The company has a market cap of $30.27 million, a P/E ratio of 26.66 and a beta of -0.08. Glen Burnie Bancorp has a 12-month low of $9.85 and a 12-month high of $12.55. The firm has a 50-day moving average of $11.21 and a 200-day moving average of $11.62.
Glen Burnie Bancorp (NASDAQ:GLBZ) last posted its earnings results on Monday, May 8th. The financial services provider reported $0.11 earnings per share (EPS) for the quarter. Glen Burnie Bancorp had a net margin of 7.63% and a return on equity of 3.28%. The company had revenue of $3.13 million during the quarter.
Separately, TheStreet cut shares of Glen Burnie Bancorp from a “b” rating to a “c+” rating in a research note on Tuesday, March 21st.
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About Glen Burnie Bancorp
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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