Shore Bancshares, Inc.

Shore Bancshares, Inc.verified

SHBI

Price:

$13.39

Market Cap:

$446.11M

Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; resi...[Read more]

Industry

Banks - Regional

IPO Date

2001-04-09

Stock Exchange

NASDAQ

Ticker

SHBI

The Dividend Yield as of October 2024 (TTM) for Shore Bancshares, Inc. (SHBI) is 3.58%

According to Shore Bancshares, Inc.’s latest financial reports and current stock price. The company's current Dividend Yield is 3.58%. This represents a change of 247.84% compared to the average of 1.03% of the last 4 quarters.

Shore Bancshares, Inc. (SHBI) Historical Dividend Yield (quarterly & annually)

How has SHBI Dividend Yield performed in the past?

The mean historical Dividend Yield of Shore Bancshares, Inc. over the last ten years is 1.91%. The current 3.58% Dividend Yield has changed 88.17% with respect to the historical average. Over the past ten years (40 quarters), SHBI's Dividend Yield was at its highest in in the September 2023 quarter at 1.14%. The Dividend Yield was at its lowest in in the September 2014 quarter at 0%.

Quarterly (TTM)
Annual

Average

1.91%

Median

2.31%

Minimum

0%

Maximum

3.36%

Shore Bancshares, Inc. (SHBI) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Shore Bancshares, Inc. Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual Dividend Yield = 3.36%

Minimum Annual Increase = 0%

Minimum Annual Dividend Yield = 0%

Quarterly (TTM)
Annual
YearDividend YieldChange
20233.36%22.06%
20222.75%14.05%
20212.42%-26.62%
20203.29%36.00%
20192.42%9.91%
20182.20%67.17%
20171.32%43.52%
20160.92%149.25%
20150.37%Infinity%
20140%0%

Shore Bancshares, Inc. (SHBI) Average Dividend Yield

How has SHBI Dividend Yield performed in the past?

The current Dividend Yield of Shore Bancshares, Inc. (SHBI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.84%

5-year avg

2.85%

10-year avg

1.91%

Shore Bancshares, Inc. (SHBI) Dividend Yield vs. Peers

How is SHBI’s Dividend Yield compared to its peers?

Shore Bancshares, Inc.’s Dividend Yield is less than Oconee Federal Financial Corp. (2.76%), less than HMN Financial, Inc. (1.28%), less than Home Federal Bancorp, Inc. of Louisiana (4.17%), less than Citizens Holding Company (7.07%), greater than HV Bancorp, Inc. (0%), less than IF Bancorp, Inc. (1.96%), less than Western New England Bancorp, Inc. (3.27%), less than Colony Bankcorp, Inc. (2.98%), less than Investar Holding Corporation (2.14%), less than Virginia National Bankshares Corporation (3.20%), less than Cullman Bancorp, Inc. (1.24%), less than TC Bancshares, Inc. (0.61%), less than Magyar Bancorp, Inc. (2.12%), less than Lake Shore Bancorp, Inc. (2.66%), greater than Bogota Financial Corp. (0%), less than Southern Missouri Bancorp, Inc. (1.56%), less than Old Point Financial Corporation (2.99%), greater than The Community Financial Corporation (0%),

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