GLBZ Ex-Dividend Reminder - 12/24/13

Looking at the universe of stocks we cover at Dividend Channel, on 12/24/13, Glen Burnie Bancorp ( GLBZ) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 1/8/14. As a percentage of GLBZ's recent stock price of $12.17, this dividend works out to approximately 0.82%, so look for shares of Glen Burnie Bancorp to trade 0.82% lower — all else being equal — when GLBZ shares open for trading on 12/24/13.

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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:


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 3.29% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GLBZ shares, versus its 200 day moving average:

Glen Burnie Bancorp 200 Day Moving Average Chart

Looking at the chart above, GLBZ's low point in its 52 week range is $10.02 per share, with $12.95 as the 52 week high point — that compares with a last trade of $12.17.

In Friday trading, Glen Burnie Bancorp shares are currently trading flat on the day.

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