Glen Burnie Bancorp Ex-Dividend Reminder

Looking at the universe of stocks we cover at Dividend Channel, on 3/26/13, Glen Burnie Bancorp ( GLBZ) GLBZ will trade ex-dividend, for its quarterly dividend of $0.10, payable on 4/5/13. As a percentage of GLBZ's recent stock price of $11.63, this dividend works out to approximately 0.86%, so look for shares of Glen Burnie Bancorp to trade 0.86% lower — all else being equal — when GLBZ shares open for trading on 3/26/13.

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Below is a dividend history chart for GLBZ, showing historical dividends prior to the most recent $0.10 declared by Glen Burnie Bancorp:

GLBZ+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GLBZ is likely to continue, and whether the current estimated yield of 3.44% on annualized basis is a reasonable expectation of annual yield going forward.

In Friday trading, Glen Burnie Bancorp shares are currently up about 0.2% on the day.
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