Shore Bancshares Inc (SHBI) Declares Dividend of $0.05
Shore Bancshares Inc (NASDAQ:SHBI) announced a dividend on Thursday, August 3rd, Fidelity reports. Stockholders of record on Monday, August 14th will be paid a dividend of 0.05 per share by the bank on Thursday, August 31st. The ex-dividend date of this dividend is Thursday, August 10th.
Shares of Shore Bancshares (NASDAQ SHBI) traded up 1.97% during midday trading on Friday, hitting $17.11. 1,698 shares of the stock traded hands. Shore Bancshares has a 52-week low of $11.42 and a 52-week high of $17.92. The company has a market cap of $217.04 million, a price-to-earnings ratio of 21.55 and a beta of 0.21. The stock has a 50-day moving average of $16.79 and a 200-day moving average of $16.63.
Shore Bancshares (NASDAQ:SHBI) last posted its quarterly earnings data on Thursday, July 20th. The bank reported $0.21 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.22 by $0.01. Shore Bancshares had a net margin of 16.85% and a return on equity of 6.70%. The business had revenue of $15.08 million during the quarter. On average, equities analysts predict that Shore Bancshares will post $0.93 earnings per share for the current fiscal year.
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Shore Bancshares Company Profile
Shore Bancshares, Inc is a financial holding company. The Company acts as the parent company to several financial institution and insurance entities. The Company has two business segments: Community Banking, and Insurance Products and Services. Its Community Banking segment provides services to consumers and small businesses on the Eastern Shore of Maryland and in Delaware.
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