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Shore Bancshares posts quarterly dividend

Shore Bancshares Logo (PRNewsfoto/Shore Bancshares)

Easton-based Shore Bancshares Inc. announced Thursday its board of directors declared a quarterly common stock dividend in the amount of $0.12 per share, payable Nov. 29 to stockholders of record on Nov. 16.

Company President and CEO Lloyd L. “Scott” Beatty Jr., said the dividend was helped by good quarterly results, including significant deposit growth which allowed it to meet analyst’s earnings estimates.

 


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