Glen Burnie Bancorp(NASDAQ:GLBZ) Declares Dividend of $0.1000.

Glen Burnie Bancorp (NASDAQ:GLBZ) had declared a cash dividend of $0.1000 on Jul 14, 2016. The shares will quote ex-dividend on Jul 21, 2016 and the record date has been fixed for Jul 25, 2016. On Jul 14, 2016 share price, the yield comes out to be 3.6364%. The dividend payable date has been fixed on Aug 5, 2016.

Glen Burnie Bancorp(GLBZ) last announced its earnings results on May 4, 2016 for Fiscal Year 2016 and Q1.Earnings per share were $0.10.

Several Insider Transactions has been reported to the SEC. On Jun 1, 2016, Edward L Maddox (director) purchased 165 shares at $10.44 per share price.Also, On Feb 29, 2016, F William Jr Kuethe (director) sold 2,979 shares at $10.48 per share price.On Feb 29, 2016, John D. Long (Executive Vice President) purchased 1,000 shares at $10.57 per share price, according to the Form-4 filing with the securities and exchange commission.

Glen Burnie Bancorp is a bank holding company. The Company 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. The Company offers consumer and commercial loans. The Company’s real estate financing consists of residential first and second mortgage loans home equity lines of credit and commercial mortgage loans. Commercial lending consists of both secured and unsecured loans. The Company originates automobile loans through arrangements with local automobile dealers. The Company’s deposits are insured up to applicable limits by the Federal Deposit Insurance Corporation (FDIC). The Company maintains a remote Automated Teller Machine (ATM) in Pasadena Maryland. The Bank is a member of the Cirrus Star Pulse and MoneyPass ATM networks.

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