Shore Bancshares Dividends and Buybacks
Dividend criteria checks 3/6
Shore Bancshares is a dividend paying company with a current yield of 2.92% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 12th November, 2024.
Key information
2.9%
Dividend yield
-0.08%
Buyback Yield
| Total Shareholder Yield | 2.8% |
| Future Dividend Yield | 3.2% |
| Dividend Growth | 13.7% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 12 Nov 24 |
| Dividend per share | US$0.480 |
| Payout ratio | 39% |
Recent dividend and buyback updates
Shore Bancshares (NASDAQ:SHBI) Is Paying Out A Dividend Of $0.12
May 07
Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12
Nov 12Recent updates
Shore Bancshares (NASDAQ:SHBI) Is Paying Out A Dividend Of $0.12
May 07Shore Bancshares' (NASDAQ:SHBI) Dividend Will Be $0.12
Nov 12With EPS Growth And More, Shore Bancshares (NASDAQ:SHBI) Makes An Interesting Case
Mar 14Shore Bancshares to commence up to $5.0M share repurchase program
Jul 06Analysts Are Betting On Shore Bancshares, Inc. (NASDAQ:SHBI) With A Big Upgrade This Week
Feb 18Shore Bancshares (NASDAQ:SHBI) Will Pay A Dividend Of US$0.12
Nov 06Shore Bancshares (NASDAQ:SHBI) Is Due To Pay A Dividend Of US$0.12
Aug 08Here's Why We Think Shore Bancshares (NASDAQ:SHBI) Is Well Worth Watching
Jun 14We Think Some Shareholders May Hesitate To Increase Shore Bancshares, Inc.'s (NASDAQ:SHBI) CEO Compensation
May 06What Is The Ownership Structure Like For Shore Bancshares, Inc. (NASDAQ:SHBI)?
Mar 15Shore Bancshares, Inc. (NASDAQ:SHBI) Passed Our Checks, And It's About To Pay A US$0.12 Dividend
Feb 07Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, SHBI has been paying a dividend for less than 10 years.
Growing Dividend: SHBI's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Shore Bancshares Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (SHBI) | 2.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Banks) | 2.5% |
| Analyst forecast (SHBI) (up to 3 years) | 3.2% |
Notable Dividend: SHBI's dividend (2.92%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: SHBI's dividend (2.92%) is low compared to the top 25% of dividend payers in the US market (4.21%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (38.8%), SHBI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHBI's dividends in 3 years are forecast to be well covered by earnings (30.2% payout ratio).