Glen Burnie Bancorp (GLBZ) Declares $0.07 Quarterly Dividend; 2.4% Yield

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Glen Burnie Bancorp Declares 3Q 2015 Dividend

September 11, 2015 4:32 PM EDT

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 seven cents ($0.07) per share of common stock at their meeting on September 10, 2015. This action marks the companys 93rd consecutive dividend.

The banking industry is continuing to face a low interest rate environment which has had a negative effect on net interest... More