Glen Burnie Bancorp (NASDAQ:GLBZ) will begin trading ex-dividend on October 16, 2020. The 3Q20 dividend payment of $ 0.10 per share is scheduled to be paid on November 2, 2020. The dividend yield based on the latest trading day closing price was 4.02 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Glen Burnie Bancorp recently reported second quarter financial results on August 5, 2020, after market close, the Glen Burnie based company disclosed loss for the second quarter of $ 0.03 per share, from the revenue of $ 3.17 million. Street analysts expected .
Stock Performance
Shares of Glen Burnie Bancorp traded up $ 0.84 or 9.22 percent on Wednesday, reaching $ 9.95 with volume of 1.10 thousand shares. Glen Burnie Bancorp has traded high as $ 10.30 and has cracked $ 9.90 on the downward trend
According to the previous trading day, closing price of $ 9.95, representing a 29.22 % increase from the 52 week low of $ 7.05 and a 22.8 % decrease over the 52 week high of $ 11.80.
The company has a market capital of $ 28.24 million and is part of the Financial Services sector and Banks – Regional – US industry.
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 accepts various deposits, including savings accounts, money market deposit accounts, demand deposit accounts, NOW checking accounts, IRA and SEP accounts, and certificates of deposit. It also provides residential and commercial real estate, construction, land acquisition and development, and secured and unsecured commercial loans, as well as consumer installment lending, such as indirect automobile lending services; and residential first and second mortgage loans, home equity lines of credit, and commercial mortgage loans.
