GLEN BURNIE, Md., Jan. 14, 2022 (GLOBE NEWSWIRE) — 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 January 13, 2022. This action marks the company’s 118th consecutive dividend.
The regular dividend is payable on February 7, 2022 to shareholders of record at the close of business on January 24, 2022.
Glen Burnie Bancorp, parent company to The Bank of Glen Burnie, currently maintains consolidated assets totaling $442.0 million at December 31, 2021. Founded in 1949, The Bank of Glen Burnie is a community bank with eight branch offices serving Anne Arundel County, MD (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.
Contact: Jeffrey D Harris, SVP & Chief Financial Officer Email: [email protected] Phone: 410-768-8883