Glen Burnie Bancorp (NASDAQ:GLBZ) will begin trading ex-dividend on July 17, 2020. The 2Q20 dividend payment of $ 0.10 per share is scheduled to be paid on July 31, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on July 17, 2020.
Dividends History
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Recent Earnings Announcement
Glen Burnie Bancorp revealed income for the first quarter of $ 0.09 per share, from the revenue of $ 3.30 million. The quarterly earnings extended 38.24 percent while revenues compared with the same quarter last year.
According to street consensus, revenue of was expected for the first quarter The bottom line results street analysts by $ 0.04 or , at the same time, top line results analysts by $ 17.01 million or .
Stock Performance
According to the previous trading day, closing price of GLBZ was $ 9.00, representing a 27.66 % increase from the 52 week low of $ 7.05 and a 23.73 % decrease over the 52 week high of $ 11.80.
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The company has a market capital of $ 25.51 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.
