Glen Burnie Bancorp (GLBZ) to Issue Quarterly Dividend of $0.10 on August 5th

Glen Burnie Bancorp (NASDAQ:GLBZ) announced a quarterly dividend on Thursday, July 11th, Zacks reports. Investors of record on Monday, July 22nd will be paid a dividend of 0.10 per share by the financial services provider on Monday, August 5th. This represents a $0.40 annualized dividend and a yield of 8.58%. The ex-dividend date is Monday, July 22nd.

Glen Burnie Bancorp Price Performance

NASDAQ GLBZ traded up $0.61 during trading hours on Friday, hitting $4.66. The company had a trading volume of 33,376 shares, compared to its average volume of 6,012. Glen Burnie Bancorp has a fifty-two week low of $3.37 and a fifty-two week high of $8.25. The company has a market capitalization of $13.47 million, a price-to-earnings ratio of 13.31 and a beta of 0.63. The firm’s 50 day moving average is $4.34 and its 200 day moving average is $5.45.

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 offers savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit.