Glen Burnie Bancorp (GLBZ) Announces $0.10 Quarterly Dividend

Glen Burnie Bancorp (NASDAQ:GLBZ) announced a quarterly dividend on Monday, January 29th, NASDAQ reports. Investors of record on Monday, February 12th will be paid a dividend of 0.10 per share by the financial services provider on Friday, February 23rd. This represents a $0.40 annualized dividend and a yield of 3.31%. The ex-dividend date of this dividend is Friday, February 9th.

Shares of Glen Burnie Bancorp (GLBZ) opened at $12.10 on Thursday. Glen Burnie Bancorp has a twelve month low of $10.34 and a twelve month high of $12.55. The stock has a market capitalization of $33.91, a price-to-earnings ratio of 22.84 and a beta of -0.02.

Separately, TheStreet upgraded Glen Burnie Bancorp from a “c+” rating to a “b-” rating in a report on Tuesday, December 19th.

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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.

Dividend History for Glen Burnie Bancorp (NASDAQ:GLBZ)

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