Glen Burnie Bancorp (NASDAQ:GLBZ) declared 3Q20 dividend of $ 0.10 per share, or $ 0.40 annualized.
The dividend will be payable on November 2, 2020, to stockholders of record on October 19, 2020, with an ex-dividend date of October 16, 2020.
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 unveiled loss for the second quarter of $ 0.03 per share, from the revenue of $ 3.17 million.
Stock Performance
Shares of Glen Burnie Bancorp traded low $ -0.19 or -1.86 percent on Friday, reaching $ 10.01 with volume of 0.10 thousand shares. The stock opened down for the day at $ 9.98, after closing the previous day trading at $ 10.20.
According to the previous trading day, closing price of $ 10.20, representing a 44.68 % increase from the 52 week low of $ 7.05 and a 13.56 % decrease over the 52 week high of $ 11.80.
The company has a market capital of $ 28.41 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.