Shore Bancshares (SHBI) Declares $0.07 Quarterly Dividend; 1.7% Yield

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Go back to Shore Bancshares (SHBI) Declares $0.07 Quarterly Dividend; 1.7% Yield

Shore Bancshares, Inc. Reports Quarterly Dividend of $0.07 Per Share

November 1, 2017 5:30 PM EDT

EASTON, Md., Nov. 1, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.07 per share, payable November 30, 2017 to stockholders of record on November 15, 2017.      

"We are pleased to announce the continuation of our quarterly cash dividend and an increase to $0.07 per share," said Lloyd L. "Scott" Beatty, Jr., President and Chief Executive Officer. "We reported a strong third quarter which reflected the positive results of expanding our market footprint.  We remain committed to enhancing the customer experience while creating long-term shareholder... More