Glen Burnie Bancorp Declares 2Q 2015 Dividend

GLEN BURNIE, Md.--(BUSINESS WIRE)-- Glen Burnie Bancorp (NASDAQ: GLBZ), parent company of The Bank of Glen Burnie, announced that its Board of Directors declared a regular dividend of ten cents ($0.10) per share of common stock at their meeting on June 11, 2015. This action marks the company’s 92nd consecutive dividend.

The regular dividend is payable on July 8, 2015 to shareholders of record at the close of business on June 29, 2015. As of June 11, 2015, Glen Burnie Bancorp had 2,767,798 common shares outstanding with approximately 389 shareholders of record.

Glen Burnie Bancorp, parent company to The Bank of Glen Burnie®, currently maintains consolidated assets totaling more than $400 million. Founded in 1949, The Bank of Glen Burnie® is a community bank with eight branch offices serving Anne Arundel County. (www.thebankofglenburnie.com).

Certain information contained in this news release, which does not relate to historical financial information, may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties, which could cause the company’s actual results in the future to differ materially from its historical results and those presently anticipated or projected. For a more complete discussion of these and other risk factors, please see the company’s reports filed with the Securities and Exchange Commission.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150612005745/en/

Glen Burnie Bancorp
Michael Livingston
President & CEO
410-768-8858
[email protected]

Source: Glen Burnie Bancorp

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