Shore Bancshares Inc Stock Dividends
SHBI pays dividends quarterly. Last paid amount was $0.120 at Feb 29, 2024. As of today, dividend yield (TTM) is 4.23%.
Dividend Yield Range
AI Analysis of SHBI
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.23% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.120 |
| Next Ex-Dividend Date | May 15, 2024 |
| Next Payment Date | May 31, 2024 |
Upcoming Dividend Payment
To receive the upcoming dividend from SHBI the purchase should be done within the next 2 days.
Here's a simple guide on how to buy SHBI stock.
SHBI Dividend Payout History
To ensure a understanding of SHBI's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 21 | May 08, 2019 | May 16, 2019 | May 31, 2019 | $0.100 | 0.651% |
| 22 | Feb 05, 2019 | Feb 14, 2019 | Feb 28, 2019 | $0.100 | 0.635% |
| 23 | Nov 05, 2018 | Nov 15, 2018 | Nov 30, 2018 | $0.0900 | 0.563% |
| 24 | Aug 09, 2018 | Aug 14, 2018 | Aug 31, 2018 | $0.0800 | 0.426% |
| 25 | May 09, 2018 | May 14, 2018 | May 31, 2018 | $0.0800 | 0.424% |
| 26 | Feb 01, 2018 | Feb 14, 2018 | Feb 28, 2018 | $0.0700 | 0.411% |
| 27 | Nov 01, 2017 | Nov 14, 2017 | Nov 30, 2017 | $0.0700 | 0.402% |
| 28 | Aug 03, 2017 | Aug 10, 2017 | Aug 31, 2017 | $0.0500 | 0.303% |
| 29 | May 03, 2017 | May 11, 2017 | May 31, 2017 | $0.0500 | 0.314% |
| 30 | Feb 08, 2017 | Feb 15, 2017 | Feb 28, 2017 | $0.0500 | 0.288% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
SHBI Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from SHBI dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in SHBI stock here.
Comparing SHBI to Sector and Country
SHBI pays a solid dividend yield of 4.23%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.81%). SHBI’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (10.94%), which means that there are more attractive dividend stocks to consider.
SHBI Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| ChoiceOne Financial Services, Inc. | 188.072M | $0.270 | 4.36% | 28.01% | |
| Shore Bancshares Inc | 370.961M | $0.120 | 4.23% | 78.08% | |
| BayCom Corp. | 230.096M | $0.100 | 2.55% | 9.09% |
