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Shore Bancshares, Inc. Reports Quarterly Dividend of $0.12 Per Share


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EASTON, Md., May 5, 2021 /PRNewswire/ Shore Bancshares, Inc. (NASDAQ - SHBI) announced that the Board of Directors has declared a quarterly common stock dividend in the amount of $0.12 per share, payable June 1, 2021 to stockholders of record on May 15, 2021.      
We are pleased to announce the continuation of our quarterly cash dividend of $0.12 per share, said Lloyd L. Scott Beatty, Jr., President and Chief Executive Officer.  2021 is off to a great start with our 1
st quarter earnings meeting consensus targets. We remain committed to continued growth and enhancing shareholder value.  
Shore Bancshares Information
Shore Bancshares is a financial holding company headquartered in Easton, Maryland and is the largest independent bank holding company located on Maryland s Eastern Shore. It is the parent company of Shore United Bank. Shore Bancshares engages in trust and wealth management services through Wy ....

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Shore Bancshares Reports First Quarter 2021 Financial Results


Shore Bancshares Reports First Quarter 2021 Financial Results
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EASTON, Md., April 29, 2021 /PRNewswire/  Shore Bancshares, Inc. (NASDAQ - SHBI) (the Company ) reported net income of $3.998 million or $0.34 per diluted common share for the first quarter of 2021, compared to net income of $3.886 million or $0.32 per diluted common share for the fourth quarter of 2020, and net income of $3.118 million or $0.25 per diluted common share for the first quarter of 2020. On March 3, 2021, the Company and Severn Bancorp, Inc. ( Severn ) announced that they had entered into a merger agreement pursuant to which Severn will be merged with and into the Company. The Company anticipates that future quarters will be impacted by the recognition of additional merger-related expenses.    ....

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