Shore Bancshares (SHBI) Declares $0.08 Quarterly Dividend; 1.7% Yield
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Shore Bancshares, Inc. Reports Quarterly Dividend of $0.08 Per Share
May 9, 2018 4:15 PM EDTEASTON, Md., May 9, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.08 per share, payable May 31, 2018 to stockholders of record on May 15, 2018.    Â
"We are pleased to announce the continuation of our quarterly cash dividend and an increase to $0.08 per share." said Lloyd L. "Scott" Beatty, Jr., President and Chief Executive Officer. "The first quarter of 2018 was a profitable quarter for all of our business lines and we are happy to share that with our shareholders."Â
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