Dividend Flows Change: Nov 4, 2016 will mean $0.10 dividends for Glen Burnie Bancorp (NASDAQ:GLBZ) shareholders.

Dividend Flows Change: Nov 4, 2016 will mean $0.10 dividends for Glen Burnie Bancorp (NASDAQ:GLBZ) shareholders.

Glen Burnie Bancorp (NASDAQ:GLBZ) is expected to pay $0.10 on Nov 4, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Oct 20, 2016 will be eligible to receive the payout. Based on Glen Burnie Bancorp’s current price of $10.09, the dividend is 0.99%. This dividend’s record date is Oct 24, 2016 and the announcement date is Oct 14, 2016. The stock increased 0.85% or $0.09 on October 18, hitting $10.09. Glen Burnie Bancorp (NASDAQ:GLBZ) has declined 3.90% since March 16, 2016 and is downtrending. It has underperformed by 9.45% the S&P500.

Glen Burnie Bancorp is the bank holding firm for The Bank of Glen Burnie , a commercial bank. The company has a market cap of $28.45 million. The Bank 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 firms. It has a 26.73 P/E ratio. The Company’s real estate financing consists of residential first and second mortgage loans, home equity lines of credit and commercial mortgage loans.

Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.25, from 0.75 in 2016Q1. The ratio is positive, as 0 funds sold all Glen Burnie Bancorp shares owned while 4 reduced positions. 1 funds bought stakes while 3 increased positions. They now own 634,090 shares or 1.52% less from 643,861 shares in 2016Q1.
Banc Funds Limited Liability Company holds 70,849 shares or 0.04% of its portfolio. Tower Research Cap Llc (Trc) last reported 0% of its portfolio in the stock. Morgan Stanley has 1,200 shares for 0% of their US portfolio. Pnc Fincl Serv Grp last reported 1,728 shares in the company. Moreover, Alliancebernstein Ltd Partnership has 0% invested in Glen Burnie Bancorp (NASDAQ:GLBZ) for 115,200 shares. Geode Limited Co accumulated 18,661 shares or 0% of the stock. Wellington Group Ltd Liability Partnership owns 245,258 shares or 0% of their US portfolio. The California-based Blackrock Fund Advsr has invested 0% in Glen Burnie Bancorp (NASDAQ:GLBZ). Hutchin Hill Capital Limited Partnership last reported 0.02% of its portfolio in the stock. Court Place Advisors Ltd accumulated 0.1% or 16,692 shares. National Bank Of America De last reported 0% of its portfolio in the stock. Castine Cap Limited Company last reported 0.53% of its portfolio in the stock. The California-based Wells Fargo And Mn has invested 0% in Glen Burnie Bancorp (NASDAQ:GLBZ).

Insider Transactions: Since May 13, 2016, the stock had 3 insider purchases, and 0 insider sales for $11,824 net activity. 800 shares were bought by Maddox Edward L, worth $8,360.

More notable recent Glen Burnie Bancorp (NASDAQ:GLBZ) news were published by: Globenewswire.com which released: “Glen Burnie Bancorp Releases 2Q 2016 Earnings” on July 25, 2016, also Finance.Yahoo.com with their article: “Glen Burnie Bancorp Declares 3Q 2016 Dividend” published on October 13, 2016, Baltimoresun.com published: “Glen Burnie Bancorp earnings fall 98 percent” on November 11, 2015. More interesting news about Glen Burnie Bancorp (NASDAQ:GLBZ) were released by: Blogs.Wsj.com and their article: “CFO Moves: Waterstone Financial, Glen Burnie Bancorp, Presbia PLC” published on February 12, 2016 as well as Streetinsider.com‘s news article titled: “Glen Burnie Bancorp (GLBZ) Declares $0.10 Quarterly Dividend; 4% Yield” with publication date: August 03, 2016.

GLBZ Company Profile

Glen Burnie Bancorp, incorporated on December 20, 1990, is the bank holding firm for The Bank of Glen Burnie (the Bank), a commercial bank. The Bank 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 firms. The Bank’s real estate financing consists of residential first and second mortgage loans, home equity lines of credit and commercial mortgage loans. The Company’s commercial lending consists of both secured and unsecured loans. The Bank also originates automobile loans through arrangements with local automobile dealers. The Bank also maintains an automated teller machine (ATM) location in Pasadena.

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