Shore Bancshares declares $0.12 quarterly dividend; merger with TCFC expected close July 1

SHORE BANCSHARES INC

Quarterly dividend of $0.12 per share declared, payable May 31, 2023 to holders of record May 13, 2023.
Merger with The Community Financial Corporation (TCFC) received all bank regulatory approvals; expected close on or about July 1, 2023.
President & CEO Lloyd L. Beatty, Jr. noted continuation of the quarterly cash dividend at $0.12 per share.

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