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GLEN BURNIE BANCORP DECLARES 1Q DIVIDEND
GLEN BURNIE, MD (March 17, 2014) – Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie, today announced that on March 13, 2014 its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock. This action marks the company’s 87th consecutive dividend.
The regular dividend is payable on April 7, 2014 to shareholders of record at the close of business on March 28, 2014. As of March 10, 2014, Glen Burnie Bancorp had 2,750,876 common shares outstanding with approximately 408 shareholders of record.
Glen Burnie Bancorp will host its Annual Meeting of Stockholders at 2:00 p.m. on Thursday, May 8, 2014 at The Bank of Glen Burnie’s Glen Burnie branch office at 101 Crain Highway, South in Glen Burnie, Maryland.
Glen Burnie Bancorp, parent company to The Bank of Glen Burnie®, currently maintains consolidated assets totaling more than $380 million. Founded in 1949, The Bank of Glen Burnie® is a community bank with eight branch offices serving Anne Arundel County.