---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-055523"
form_type: "8-K"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-15T23:56:44.981014+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-23-055523
- form_type: 8-K
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000110465923055523/0001104659-23-055523-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000110465923055523/tm2314595d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-055523
- JSON: https://secwatch.observer/filing/0001104659-23-055523.json
- Plain text: https://secwatch.observer/filing/0001104659-23-055523.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.