Shore Bancshares, Inc.
SHBIFinancial Services · Banks - Regional · Stock · quarterly payer
Forward Yield
2.48%
Annual Dividend
$0.56
Payout Ratio
25%
5-Yr Growth
0.0%
Ex-Date
Sep 2, 2026
Frequency
Quarterly
Key facts about SHBI's dividend
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Shore Bancshares, Inc. (SHBI) has a forward dividend yield of 2.48%, based on an annual dividend of $0.56 per share and a share price of $22.55.
- As of Oct 18, 2026, SHBI's dividend safety grade from SmarterDividends is A (83 out of 100), which rates the dividend as very safe.
- SHBI last cut its regular dividend in 2011.
- SHBI's most recent ex-dividend date was Sep 2, 2026, for a dividend of $0.14 per share.
- As of Oct 18, 2026, SHBI pays out 25% of its trailing 12-month earnings as dividends (its payout ratio).
- SHBI's dividend has been roughly flat over the past five years.
- As of Oct 18, 2026, SHBI's 2.48% yield is 21% below its five-year average yield of 3.13%.
- As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SHBI is $31.30 per share, 39% above the $22.55 share price, so SHBI screens as undervalued.
- Shore Bancshares, Inc. (SHBI) pays its dividend quarterly, 4 times a year.
- Shore Bancshares, Inc. (SHBI) has raised its regular dividend 15 times and cut it 2 times across the 89 payments on record since 2001. Its most recent change was a 16.7% increase to $0.140 per share, going ex-dividend on Jun 3, 2026. The last cut went ex-dividend on May 17, 2011.
Cite this page
SmarterDividends, "SHBI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SHBI
Summary
As of Oct 18, 2026, Shore Bancshares, Inc. (SHBI) yields 2.48% ($0.56 a year per share) and has a dividend safety grade of A (83/100).
Is SHBI a good dividend stock?
YesShore Bancshares, Inc. (SHBI) pays a quarterly dividend yielding 2.48% ($0.56/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (25%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2011
Key Data
- Dividend Yield
- 2.48%
- Payout Ratio
- 25%
- Annual Dividend
- $0.56
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- Sep 2, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- $752.5M
- P/E Ratio
- 11.6
- 5-Yr Total Return
- 15%
- 52-Week Range
- $14.93 – $24.89
- Dividend Safety
- A · 83/100
- Ever Cut?
- Yes (2011)
SHBI dividend raises and cuts
Shore Bancshares, Inc. (SHBI) has raised its regular dividend 15 times and cut it 2 times across the 89 payments on record since 2001. Its most recent change was a 16.7% increase to $0.140 per share, going ex-dividend on Jun 3, 2026. The last cut went ex-dividend on May 17, 2011.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 3, 2026 | Raise | $0.120 → $0.140 | +16.7% |
| Nov 14, 2019 | Raise | $0.100 → $0.120 | +20.0% |
| Feb 14, 2019 | Raise | $0.0900 → $0.100 | +11.1% |
| Nov 15, 2018 | Raise | $0.0800 → $0.0900 | +12.5% |
| May 14, 2018 | Raise | $0.0700 → $0.0800 | +14.3% |
| Nov 14, 2017 | Raise | $0.0500 → $0.0700 | +40.0% |
| Nov 9, 2016 | Raise | $0.0300 → $0.0500 | +66.7% |
| Feb 10, 2016 | Raise | $0.0200 → $0.0300 | +50.0% |
| May 17, 2011 | Cut | $0.0600 → $0.0100 | −83.3% |
| Feb 10, 2010 | Cut | $0.160 → $0.0600 | −62.5% |
| Feb 13, 2007 | Raise | $0.150 → $0.160 | +6.7% |
| Aug 10, 2006 | Raise | $0.147 → $0.150 | +2.3% |
Show all 17 changes since 2003
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| May 11, 2006 | Raise | $0.140 → $0.147 | +4.8% |
| Aug 11, 2005 | Raise | $0.127 → $0.140 | +10.5% |
| Feb 10, 2005 | Raise | $0.120 → $0.127 | +5.6% |
| Feb 12, 2004 | Raise | $0.113 → $0.120 | +5.9% |
| May 15, 2003 | Raise | $0.100 → $0.113 | +13.3% |
Frequently Asked Questions
Is SHBI a good dividend stock?
Yes. Shore Bancshares, Inc. (SHBI) pays a quarterly dividend yielding 2.48% ($0.56/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is SHBI undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SHBI's fair value is about $31.30 versus a $22.55 share price — so it looks undervalued (+39% vs. fair value).
Is SHBI's dividend safe?
SHBI has a dividend-safety grade of A (83/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2011, debt and yield-versus-history.
What is SHBI's fair value?
Our blended fair-value estimate for SHBI is about $31.30 per share, roughly 39% above the current $22.55 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is SHBI a buy, hold, or sell?
We don't issue formal ratings, but on the data SHBI screens as "yes" and undervalued. Shore Bancshares, Inc. (SHBI) pays a quarterly dividend yielding 2.48% ($0.56/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will SHBI cut its dividend?
SHBI earns a dividend-safety grade of A (83/100), and has cut its dividend before (last in 2011). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does SHBI pay a dividend?
Yes. Shore Bancshares, Inc. pays a quarterly dividend of about $0.56 per share annually, a forward yield of roughly 2.48%.
What is SHBI's dividend yield?
As of Oct 18, 2026, SHBI's forward dividend yield is 2.48%, based on a $0.56 annual dividend and a $22.55 share price.
What is SHBI's dividend per share?
As of Oct 18, 2026, SHBI pays $0.56 per share per year, distributed on a quarterly basis.
What is SHBI's dividend payout ratio?
As of Oct 18, 2026, SHBI's payout ratio is 25% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has SHBI grown its dividend?
SHBI does not currently have a long dividend-growth streak on record.
When is the next SHBI ex-dividend date?
As of Oct 18, 2026, SHBI's next ex-dividend date hasn't been announced. The most recent was Sep 2, 2026, for $0.14 per share.
SHBI Price — Last 12 Months
Daily close
Price Return
1 Year
+29%
3 Years
+89%
5 Years
+15%
52-Week Range
$14.93 – $24.89
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is SHBI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Shore Bancshares, Inc. is $31.30 per share, versus a market price of $22.55. That implies 39% of upside — a margin of safety of about 28%.
Fair Value
$31.30
Current Price
$22.55
Upside
+39%
Margin of Safety
28%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.4% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $1.95 EPS, $0.56 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
SHBI Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full SHBI dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 2, 2026 | Sep 16, 2026 | $0.1400 | regular |
| Jun 3, 2026 | Jun 17, 2026 | $0.1400 | regular |
| Mar 4, 2026 | Mar 18, 2026 | $0.1200 | regular |
| Nov 13, 2025 | Nov 26, 2025 | $0.1200 | regular |
| Aug 11, 2025 | Aug 25, 2025 | $0.1200 | regular |
| May 12, 2025 | May 23, 2025 | $0.1200 | regular |
| Feb 13, 2025 | Feb 27, 2025 | $0.1200 | regular |
| Nov 12, 2024 | Nov 29, 2024 | $0.1200 | regular |
| Aug 12, 2024 | Aug 30, 2024 | $0.1200 | regular |
| May 15, 2024 | May 31, 2024 | $0.1200 | regular |
| Feb 9, 2024 | Feb 29, 2024 | $0.1200 | regular |
| Nov 16, 2023 | Nov 30, 2023 | $0.1200 | regular |
| Aug 3, 2023 | Aug 31, 2023 | $0.1200 | regular |
| May 11, 2023 | May 31, 2023 | $0.1200 | regular |
Income Calculator
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