Shore Bancshares Inc (SHBI) Dividends
Dividend Yield and Dividend History Highlights
- SHBI's trailing 12 month dividends has averaged an annual growth rate of 16.55%.
- In terms of compounded growth rate of annual dividends, SHBI's growth rate has been 0.77% over the past 5.5 years.
- As for stocks whose price is uncorrelated with SHBI's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: GHM, PINC, CTXS, MPX and FF.
SHBI Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $10.39 | $39.75 | 93.6% |
The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of SHBI, the DDM model, as implemented by StockNews, implies a positive return of 93.6% relative to its current price. To help understand and contextualize the model's evaluation of SHBI, investors may wish to consider are:
- A stock's beta generally indicates its volatility relative to the broader equity market; for Shore Bancshares Inc, its beta is lower than 82.67% of dividend issuing stocks we observed.
- In terms of who is growing the amount of dividends they return to shareholders, Shore Bancshares Inc has been increasing its dividends at a faster rate than 95.89% of US-listed dividend-issuing stocks we observed.
- As other dividend issuers in the Financial Services sector, SHBI's equity discount rate is less than 84.82% of those stocks.
SHBI Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change |
|---|---|---|---|
| 2024-02-09 | Dividend | $0.12 | -- |
| 2023-11-16 | Dividend | $0.12 | -- |
| 2023-08-03 | Dividend | $0.12 | -- |
| 2023-05-11 | Dividend | $0.12 | -- |
| 2023-02-16 | Dividend | $0.12 | -- |
| 2022-11-09 | Dividend | $0.12 | -- |
| 2022-08-11 | Dividend | $0.12 | -- |
| 2022-05-12 | Dividend | $0.12 | -- |
| 2022-02-23 | Dividend | $0.12 | -- |
| 2021-11-10 | Dividend | $0.12 | -- |
| 2021-08-12 | Dividend | $0.12 | -- |
| 2021-05-13 | Dividend | $0.12 | -- |
| 2021-02-11 | Dividend | $0.12 | -- |
| 2020-11-12 | Dividend | $0.12 | -- |
| 2020-08-13 | Dividend | $0.12 | -- |
| 2020-05-14 | Dividend | $0.12 | -- |
| 2020-02-19 | Dividend | $0.12 | -- |
| 2019-11-14 | Dividend | $0.12 | +20.00% |
| 2019-08-15 | Dividend | $0.10 | -- |
| 2019-05-16 | Dividend | $0.10 | -- |
| 2019-02-14 | Dividend | $0.10 | +11.11% |
| 2018-11-15 | Dividend | $0.09 | +12.50% |
| 2018-08-14 | Dividend | $0.08 | -- |
| 2018-05-14 | Dividend | $0.08 | +14.29% |
| 2018-02-14 | Dividend | $0.07 | -- |
| 2017-11-14 | Dividend | $0.07 | +40.00% |
| 2017-08-10 | Dividend | $0.05 | -- |
| 2017-05-11 | Dividend | $0.05 | -- |
| 2017-02-15 | Dividend | $0.05 | -- |
| 2016-11-09 | Dividend | $0.05 | +66.67% |
| 2016-08-11 | Dividend | $0.03 | -- |
| 2016-05-12 | Dividend | $0.03 | -- |
| 2016-02-10 | Dividend | $0.03 | +50.00% |
| 2015-11-12 | Dividend | $0.02 | -- |
| 2015-08-13 | Dividend | $0.02 | +100.00% |
| 2012-02-09 | Dividend | $0.01 | -- |
| 2011-11-09 | Dividend | $0.01 | -- |
| 2011-08-11 | Dividend | $0.01 | -- |
| 2011-05-17 | Dividend | $0.01 | -83.33% |
| 2011-02-15 | Dividend | $0.06 | -- |
| 2010-11-10 | Dividend | $0.06 | -- |
| 2010-08-12 | Dividend | $0.06 | -- |
| 2010-05-13 | Dividend | $0.06 | -- |
| 2010-02-10 | Dividend | $0.06 | -62.50% |
| 2009-11-12 | Dividend | $0.16 | -- |
| 2009-08-13 | Dividend | $0.16 | -- |
| 2009-05-14 | Dividend | $0.16 | -- |
| 2009-02-12 | Dividend | $0.16 | -- |
| 2008-11-13 | Dividend | $0.16 | -- |
| 2008-08-14 | Dividend | $0.16 | -- |
| 2008-05-15 | Dividend | $0.16 | -- |
| 2008-02-14 | Dividend | $0.16 | -- |
| 2007-11-15 | Dividend | $0.16 | -- |
| 2007-08-16 | Dividend | $0.16 | -- |
| 2007-05-17 | Dividend | $0.16 | -- |
| 2007-02-13 | Dividend | $0.16 | +6.67% |
| 2006-11-16 | Dividend | $0.15 | -- |
| 2006-08-10 | Dividend | $0.15 | +104.55% |
| 2006-06-06 | Split | 3-2-for-1 Stock Split | N/A |
| 2006-05-11 | Dividend | $0.22 | +4.76% |
| 2006-02-09 | Dividend | $0.21 | -- |
| 2005-11-09 | Dividend | $0.21 | -- |
| 2005-08-11 | Dividend | $0.21 | +10.53% |
| 2005-05-17 | Dividend | $0.19 | -- |
| 2005-02-10 | Dividend | $0.19 | +5.56% |
| 2004-11-10 | Dividend | $0.18 | -- |
| 2004-08-12 | Dividend | $0.18 | -- |
| 2004-05-13 | Dividend | $0.18 | -- |
| 2004-02-12 | Dividend | $0.18 | +5.88% |
| 2003-11-13 | Dividend | $0.17 | -- |
| 2003-08-14 | Dividend | $0.17 | -- |
| 2003-05-15 | Dividend | $0.17 | +13.33% |
| 2003-02-12 | Dividend | $0.15 | -- |
| 2002-11-14 | Dividend | $0.15 | -- |
| 2002-08-15 | Dividend | $0.15 | -- |
| 2002-05-16 | Dividend | $0.15 | -- |
| 2002-02-14 | Dividend | $0.15 | -- |
| 2001-11-15 | Dividend | $0.15 | -- |
| 2001-08-15 | Dividend | $0.15 | -- |
| 2001-05-08 | Dividend | $0.15 | -- |
| 2001-02-13 | Dividend | $0.15 | -- |
| 2000-08-04 | Dividend | $0.15 | +7.14% |
| 2000-05-04 | Dividend | $0.14 | -- |
SHBI Dividends vs. Peers
SHBI's dividend yield currently ranks #17 of 66 vs. its peers in the Mid-Atlantic Regional Banks category.
Looking for More Information on SHBI dividends?
Here are a few links from around the web to help you further your research on Shore Bancshares Inc and its dividends:Shore Bancshares Inc Common Stock (SHBI) Dividend History | Nasdaq
Dividend History for Shore Bancshares Inc (SHBI) - Dividend Investor
Shore Bancshares Inc (SHBI) Dividend History - Seeking Alpha