Shore Bancshares (SHBI) Declares $0.12 Quarterly Dividend; 2.4% Yield

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Go back to Shore Bancshares (SHBI) Declares $0.12 Quarterly Dividend; 2.4% Yield

Shore Bancshares Reports 2021 Financial Results and Quarterly Dividend of $0.12 Per share

February 14, 2022 4:37 PM EST

EASTON, Md., Feb. 14, 2022 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ - SHBI) (the "Company") reported net income of $2.723 million or $0.16 per diluted common share for the fourth quarter of 2021, compared to net income of $4.617 million or $0.39 per diluted common share for the third quarter of 2021, and net income of $3.886 million or $0.32 per diluted common share for the fourth quarter of 2020. Net income, excluding merger related expenses for the fourth quarter of 2021 was $7.914 million or $0.46 per diluted common share. Net income for the fiscal year of 2021 was $15.368 million or $1.17 per diluted common share, compared to net income... More