SHBI Shore Bancshares dividend history, payout ratio & dates
Shore Bancshares's most recent dividend was on Nov 12, 2024 (ex-date) with a cash dividend payment of $0.12 per share. On an annualized basis, the company has a current payout of $0.48 per share. This brings the dividend yield to 3% based on its recent close price.
Key dates
- SHBI last dividend date: Nov 12, 2024
SHBI dividend stats
vs. Financial Services sector
Dividend yield
SHBI has a dividend yield of 3% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.77%, Shore Bancshares's dividend yield is 8% higher. The historical 5-year average of SHBI's dividend yield is 3.4%, which is higher than the current one.
Dividend history
Shore Bancshares has a long dividend history, including the last nine consecutive years with dividend payouts. SHBI has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed for the last year. But since the stock price has gone up by 15% from a year ago, the dividend yield has decreased by 13%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Nov 12, 2024 | $0.12 | 2.94% |
| Aug 12, 2024 | $0.12 | 3.79% |
| May 15, 2024 | $0.12 | 4.3% |
| Feb 9, 2024 | $0.12 | 4.26% |
| Nov 16, 2023 | $0.12 | 4.03% |
| Aug 3, 2023 | $0.12 | 4.23% |
| May 11, 2023 | $0.12 | 4.44% |
| Feb 16, 2023 | $0.12 | 2.79% |
| Nov 9, 2022 | $0.12 | 2.47% |
| Aug 11, 2022 | $0.12 | 2.43% |
| May 12, 2022 | $0.12 | 2.48% |
| Feb 23, 2022 | $0.12 | 2.3% |
| Nov 10, 2021 | $0.12 | 2.43% |
| Aug 12, 2021 | $0.12 | 2.71% |
| May 13, 2021 | $0.12 | 2.83% |
| Feb 11, 2021 | $0.12 | 3.31% |
| Nov 12, 2020 | $0.12 | 3.86% |
| Aug 13, 2020 | $0.12 | 4.75% |
| May 14, 2020 | $0.12 | 5.38% |
| Feb 19, 2020 | $0.12 | 2.77% |
| Nov 14, 2019 | $0.12 | 2.58% |
| Aug 15, 2019 | $0.1 | 2.56% |
| May 16, 2019 | $0.1 | 2.29% |
| Feb 14, 2019 | $0.1 | 2.27% |
| Nov 15, 2018 | $0.09 | 1.94% |
| Aug 14, 2018 | $0.08 | 1.6% |
| May 14, 2018 | $0.08 | 1.49% |
| Feb 14, 2018 | $0.07 | 1.39% |
| Nov 14, 2017 | $0.07 | 1.29% |
| Aug 10, 2017 | $0.05 | 1.21% |
| May 11, 2017 | $0.05 | 1.08% |
| Feb 15, 2017 | $0.05 | 0.92% |
| Nov 9, 2016 | $0.05 | 1.04% |
| Aug 11, 2016 | $0.03 | 0.95% |
| May 12, 2016 | $0.03 | 0.85% |
| Feb 10, 2016 | $0.03 | 0.62% |
| Nov 12, 2015 | $0.02 | 0.4% |
| Aug 13, 2015 | $0.02 | 0.2% |
Shore Bancshares dividend payout ratio
Payout ratio
SHBI has a payout ratio of 36.4% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 44.2%, Shore Bancshares's payout ratio is 18% lower.
Total amount of dividends paid per financial year (from cash flow)
SHBI dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SASR Sandy Spring Bancorp Inc | 4% | $1.36 | 71.6% |
| PNC Pnc Financial Services Group Inc | 3.27% | $6.3 | 53.2% |
| SHBI Shore Bancshares Inc | 3% | $0.48 | 36.4% |
| MTB M&T Bank Corp | 2.82% | $5.35 | 39.4% |
| FUNC First United Corp | 2.4% | $0.82 | 33.3% |
| WFC Wells Fargo & Company | 2.13% | $1.5 | 30.7% |
Frequently asked questions
Does Shore Bancshares pay a dividend?
Yes, Shore Bancshares has been paying dividends for the last nine years.
When was SHBI's last dividend?
Shore Bancshares's last regular dividend was on Nov 12, 2024 (ex-date) with the amount of $0.12 per share.
How much dividend does Shore Bancshares pay (per share)?
SHBI has paid dividend of $0.48 per share in the last year.
What is Shore Bancshares's dividend yield?
Shore Bancshares's current dividend yield is 3%.
How often does Shore Bancshares pay dividends?
Shore Bancshares has a quarterly dividend frequency.
What is Shore Bancshares's dividend payout ratio?
The dividend payout ratio of Shore Bancshares is 36.4%.
Does Shore Bancshares pay a good dividend?
Shore Bancshares's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.