Shore Bancshares's most recent dividend was on Jun 3, 2026 (ex-date) with a cash dividend payment of $0.14 per share. On an annualized basis, the company has a current payout of $0.5 per share. This brings the dividend yield to 2.27% based on its recent close price. The latest dividend has grown by $0.02, or 17% from the previous payment.
SHBI has a dividend yield of 2.27% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 2.59%, Shore Bancshares's dividend yield is 12% lower. The historical 5-year average of SHBI's dividend yield is 3.1%, which is higher than the current one.
Shore Bancshares has a long dividend history, including the last 11 consecutive years with dividend payouts. SHBI has issued four dividends in the last twelve months. The annualized DPS has grown by 4.2% for the last year. But since the stock price has gone up by 51% from a year ago, the dividend yield has decreased by 31%.
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Jun 3, 2026 | $0.14 | 2.5% |
| Mar 4, 2026 | $0.12 | 2.6% |
| Nov 13, 2025 | $0.12 | 2.98% |
| Aug 11, 2025 | $0.12 | 3.14% |
| May 12, 2025 | $0.12 | 3.21% |
| Feb 13, 2025 | $0.12 | 2.91% |
| 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% |
SHBI has a payout ratio of 26.7% 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 34%, Shore Bancshares's payout ratio is 21% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PNC Pnc Financial Services Group Inc | 2.85% | $6.8 | 39.5% |
| MTB M&T Bank Corp | 2.59% | $6 | 33.4% |
| FUNC First United Corp | 2.32% | $1 | 25.6% |
| SHBI Shore Bancshares Inc | 2.22% | $0.5 | 26.7% |
| WFC Wells Fargo & Company | 2.14% | $1.8 | 27.4% |
Yes, Shore Bancshares has been paying dividends for the last 11 years.
Shore Bancshares's last regular dividend was on Jun 3, 2026 (ex-date) with the amount of $0.14 per share.
SHBI has paid dividend of $0.5 per share in the last year.
Shore Bancshares's current dividend yield is 2.27%.
Shore Bancshares has a quarterly dividend frequency.
The dividend payout ratio of Shore Bancshares is 26.7%.
Shore Bancshares's dividend yield is lower than the Financial Services sector average.
Special dividends are included in TTM DPS and yield.