Shore Bancshares (SHBI) Declares $0.08 Quarterly Dividend; 1.7% Yield

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Go back to Shore Bancshares (SHBI) Declares $0.08 Quarterly Dividend; 1.7% Yield

Shore Bancshares, Inc. Reports Quarterly Dividend of $0.08 Per Share

August 8, 2018 4:15 PM EDT

EASTON, Md., Aug. 8, 2018 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) (the "Company") announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.08 per share, payable August 31, 2018 to stockholders of record on August 15, 2018.      

"We are pleased to announce the continuation of our quarterly cash dividend of $0.08 per share," said Lloyd L. "Scott" Beatty, Jr., President and Chief Executive Officer.  "The second quarter of 2018 results met analysts' expectations of $0.34 per share. We continue to see strong loan growth and we expect this to continue heading into the last... More