 |
 Video: What is a Stock Split?
|
|
|
| Glen Burnie Bancorp is a bank holding company of The Bank of Glen Burnie (the Bank), a commercial bank. The Bank is engaged in the commercial and retail banking business as authorized by the banking statutes of the State of Maryland, including the acceptance of demand and time deposits, and the origination of loans to individuals, associations, partnerships and corporations. The Bank's real estate financing includes residential first and second mortgage loans, home equity lines of credit and commercial mortgage loans. Its commercial lending includes both secured and unsecured loans. It also originates automobile loans through arrangements with local automobile dealers. According to our GLBZ split history records, Glen Burnie Bancorp has had 5 splits. | |
|
Glen Burnie Bancorp (GLBZ) has 5 splits in our GLBZ split history database. The first split for GLBZ took place on June 22, 2001. This was a 3 for 2 split, meaning for each 2 shares of GLBZ owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split. GLBZ's second split took place on December 31, 2003. This was a 120 for 100 split, meaning for each 100 shares of GLBZ owned pre-split, the shareholder now owned 120 shares. For example, a 1500 share position pre-split, became a 1800 share position following the split. GLBZ's third split took place on January 05, 2006. This was a 120 for 100 split, meaning for each 100 shares of GLBZ owned pre-split, the shareholder now owned 120 shares. For example, a 1800 share position pre-split, became a 2160 share position following the split. GLBZ's 4th split took place on January 10, 2008. This was a 120 for 100 split, meaning for each 100 shares of GLBZ owned pre-split, the shareholder now owned 120 shares. For example, a 2160 share position pre-split, became a 2592 share position following the split. GLBZ's 5th split took place on December 23, 1999. This was a 6 for 5 split, meaning for each 5 shares of GLBZ owned pre-split, the shareholder now owned 6 shares. For example, a 2592 share position pre-split, became a 3110.4 share position following the split.
When a company such as Glen Burnie Bancorp splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the GLBZ split history from start to finish, an original position size of 1000 shares would have turned into 3110.4 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Glen Burnie Bancorp shares, starting with a $10,000 purchase of GLBZ, presented on a split-history-adjusted basis factoring in the complete GLBZ split history.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
07/21/2015 |
|
| End date: |
07/17/2025 |
|
| Start price/share: |
$12.30 |
|
| End price/share: |
$5.14 |
|
| Starting shares: |
813.01 |
|
| Ending shares: |
1,179.75 |
|
| Dividends reinvested/share: |
$3.57 |
|
| Total return: |
-39.36% |
|
| Average Annual Total Return: |
-4.88% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$6,064.26 |
|
| Years: |
10.00 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
07/21/2015 |
|
| End date: |
07/17/2025 |
|
| Start price/share: |
$12.30 |
|
| End price/share: |
$5.14 |
|
| Dividends collected/share: |
$3.57 |
|
| Total return: |
-29.19% |
|
| Average Annual Total Return: |
-3.39% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$7,083.73 |
|
| Years: |
10.00 |
|
|
|
| Date |
Ratio |
| 06/22/2001 | 3 for 2 | | 12/31/2003 | 120 for 100 | | 01/05/2006 | 120 for 100 | | 01/10/2008 | 120 for 100 | | 12/23/1999 | 6 for 5 |
|
|
Free GLBZ Email Alerts:
