Shore Bancshares, Inc. (SHBI) to Issue Quarterly Dividend of $0.07 on February 28th

Shore Bancshares, Inc. (NASDAQ:SHBI) announced a quarterly dividend on Friday, February 2nd, Wall Street Journal reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.07 per share by the bank on Wednesday, February 28th. This represents a $0.28 annualized dividend and a yield of 1.63%. The ex-dividend date is Wednesday, February 14th.

Shares of Shore Bancshares (NASDAQ:SHBI) opened at $17.20 on Tuesday. Shore Bancshares has a 1 year low of $15.17 and a 1 year high of $19.30. The firm has a market cap of $218.62, a price-to-earnings ratio of 17.76 and a beta of 0.24.

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About Shore Bancshares

Shore Bancshares, Inc is a financial holding company. The Company acts as the parent company to several financial institution and insurance entities. The Company has two business segments: Community Banking, and Insurance Products and Services. Its Community Banking segment provides services to consumers and small businesses on the Eastern Shore of Maryland and in Delaware.

Dividend History for Shore Bancshares (NASDAQ:SHBI)

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