DIVIDEND ANNOUNCEMENT: Shore Bancshares Inc. (NASDAQ:SHBI) on 11/06/2019 declared a dividend of $0.1200 per share

Shore Bancshares Inc. (NASDAQ:SHBI) on 11/06/2019 declared a dividend of $ 0.1200 per share payable on November 29, 2019 to shareholders of record as of November 16, 2019. Dividend amount recorded is an increase of $ 0.02 from last dividend Paid.

Shore Bancshares Inc. (NASDAQ:SHBI) has paid dividends since 1998, has a current dividend yield of 2.9520294666% and has increased its dividends for 3 successive years.

Shore Bancshares Inc.'s market cap is $ 207,786,540 and has a PE ratio of 8.47. The stock price closed yesterday at $ 16.26 and has a 52 week low/high of $ 12.95 and $ 17.00.

Shore Bancshares is a financial holding company. Through its subsidiary, Shore United Bank (the Bank), Co. provides commercial and consumer banking products and services to individuals, businesses, and other organizations. Services provided include commercial checking, savings, certificates of deposit, overnight investment sweep accounts, various savings programs, mortgage loans, home improvement loans, installment and other personal loans, credit cards, safe deposit boxes, debit cards, internet banking, mobile banking, and automated teller machine services. The Bank also provides non-deposit products, such as mutual funds and annuities, and discount brokerage services to their customers.

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