DIVIDEND ANNOUNCEMENT: Shore Bancshares Inc. (NASDAQ:SHBI) on 07/25/2023 declared a dividend of $0.1200 per share

Shore Bancshares Inc. (NASDAQ:SHBI) on 07/25/2023 declared a dividend of $ 0.1200 per share payable on August 31, 2023 to shareholders of record as of August 04, 2023.

Shore Bancshares Inc. (NASDAQ:SHBI) has paid dividends since 1998, has a current dividend yield of 3.7499997616% and has increased its dividends for 0 successive years.

Shore Bancshares Inc.'s market cap is $ 254,681,600 and has a PE ratio of 7.95. The stock price closed yesterday at $ 12.80 and has a 52 week low/high of $ 10.65 and $ 20.85.

Shore Bancshares is a financial holding company. Through its wholly owned banking subsidiary, Shore United Bank, N.A. (the Bank), Co. provides consumer and commercial banking products and services, including secondary mortgage lending, trust, wealth management and financial planning services. The Bank is an independent community bank that serves businesses and individuals in their respective market areas. Services provided to businesses include commercial checking, savings, certificates of deposit and overnight investment sweep accounts. Merchant credit card clearing services are available as well as direct deposit of payroll, internet banking and telephone banking services.

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