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 87^th 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 locally-owned 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.
Glen Burnie Bancorp
Yvonne “Rie” Atkinson
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