Shore Bancshares (SHBI) Declares $0.05 Quarterly Dividend; 1.2% Yield

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Shore Bancshares, Inc. Reports Quarterly Dividend of $0.05 Per Share

May 3, 2017 4:15 PM EDT

EASTON, Md., May 3, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.05 per share, payable May 31, 2017 to stockholders of record on May 15, 2017.      

"The first quarter of 2017 was a very profitable quarter for all of our business lines and we are pleased to announce the continuation of our quarterly cash dividend of $0.05 per share," said Lloyd L. "Scott" Beatty, Jr., President and Chief Executive Officer. "We are excited about... More