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Glen Burnie Bancorp (Glen Burnie Bancorp) Dividend Yield % : 7.58% (As of Apr. 26, 2024)


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What is Glen Burnie Bancorp Dividend Yield %?

As of today (2024-04-26), the Trailing Annual Dividend Yield of Glen Burnie Bancorp is 7.58%.

Good Sign:

Glen Burnie Bancorp stock dividend yield is close to 10-year high.

The historical rank and industry rank for Glen Burnie Bancorp's Dividend Yield % or its related term are showing as below:

GLBZ' s Dividend Yield % Range Over the Past 10 Years
Min: 2.18   Med: 3.42   Max: 7.92
Current: 7.58

During the past 13 years, the highest Dividend Yield of Glen Burnie Bancorp was 7.92%. The lowest was 2.18%. And the median was 3.42%.

GLBZ's Dividend Yield % is ranked better than
86.72% of 1205 companies
in the Banks industry
Industry Median: 3.95 vs GLBZ: 7.58

Glen Burnie Bancorp's Dividend Payout Ratio for the three months ended in Dec. 2023 was 1.67.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Glen Burnie Bancorp is 0.80, which seems too high.

During the past 13 years, the highest Dividend Payout Ratio of Glen Burnie Bancorp was 1.21. The lowest was 0.46. And the median was 0.69.

As of today (2024-04-26), the Forward Dividend Yield % of Glen Burnie Bancorp is 7.58%.

Glen Burnie Bancorp's Dividends per Share for the three months ended in Dec. 2023 was $0.10.

During the past 10 years, the average Dividends Per Share Growth Rate was 1.10% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Glen Burnie Bancorp was 65.30% per year. The lowest was -12.30% per year. And the median was 11.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Glen Burnie Bancorp Dividend Yield % Historical Data

The historical data trend for Glen Burnie Bancorp's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Glen Burnie Bancorp Dividend Yield % Chart

Glen Burnie Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 3.64 2.86 4.81 6.67

Glen Burnie Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.81 5.52 5.19 6.28 6.67

Competitive Comparison of Glen Burnie Bancorp's Dividend Yield %

For the Banks - Regional subindustry, Glen Burnie Bancorp's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Glen Burnie Bancorp's Dividend Yield % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Glen Burnie Bancorp's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Glen Burnie Bancorp's Dividend Yield % falls into.



Glen Burnie Bancorp Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Glen Burnie Bancorp Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1002024-04-192024-04-222024-05-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002024-01-192024-01-222024-02-05Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-10-202023-10-232023-11-06Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-07-212023-07-242023-08-07Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Glen Burnie Bancorp's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=0.4/5.28
=7.58 %

Current Share Price is $5.28.
Glen Burnie Bancorp's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.4.

Glen Burnie Bancorp's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=0.4/5.28
=7.58 %

Current Share Price is $5.28.
Glen Burnie Bancorp's Dividends per Share for the forward twelve months is calculated as $0.1 * 4 = $0.4.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Glen Burnie Bancorp  (NAS:GLBZ) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Glen Burnie Bancorp Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Glen Burnie Bancorp's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Glen Burnie Bancorp (Glen Burnie Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
101 Crain Highway, S.E., Glen Burnie, MD, USA, 21061
Glen Burnie Bancorp is a bank holding company for The Bank of Glen Burnie. It offers retail and commercial banking services such as checking, savings, loans, mobile banking, online banking, wire transfer, ACH services, debit card, automated teller machines, and safe deposit boxes among others. The bank generates its revenue in the form of interest income. All of the revenues are earned within the United States.
Executives
Mary L Wilcox director 711 MAYO RD, GLEN BURNIE MD 21061
Julie M Mussog director 1105 MIAMI AVENUE, ANNAPOLIS MD 21403
Stanford Hess director 43 RIVER OAKS CIRCLE, BALTIMORE MD 21208
Joan Rumenap director 115 1ST AVENUE, SW, GLEN BURNIE MD 21061
Harrison Norman E Jr director 1 BARNABY COURT, TIMONIUM MD 21093
John D. Long director, officer: Executive Vice President 101 CRANE HIGHWAY, S.E., GLEN BURNIE MD 21061
Edward L Maddox director 323 ARBOR OAKS CT., MILLERSVILLE MD 21108
John Melvin Wright officer: CFO 1301 MERRITT BOULEVARD, DUNDALK MD 21222
Kuethe F William Jr director, officer: President 101 CRAIN HIGHWAY SE, GLEN BURNIE MD 21061
John E Demyan director 101 CRAIN HWY SE, GLEN BURNIE MD 21061
Andrew Cooch director 101 CRAIN HIGHWAY SE, GLEN BURNIE MD 21061
Karen B Thowarth director 201 THIRD AVE SW, GLEN BURNIE MD 21061
Edward B Connelly officer: COO 207 SANFORD AVENUE, CATONSVILLE MD 21228
Scherer William N Sr director 24 CRAIN HIGHWAY SW, GLEN BURNIE MD 21061
Joyce Ann Ohmer officer: Senior Vice President 300 COUNCIL OAK DRIVE, SEVERN MD 21144

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