Shore Bancshares Director Wayson Konrad Buys 1,000 Shares at $16.02/Share.

Shore Bancshares Inc. has announced that Director Wayson Konrad has acquired 1,000 shares of the company at a price of $16.02 per share on August 13, 2025.

On August 13, 2025, Shore Bancshares Inc. announced that Director Wayson Konrad acquired 1,000 shares of the company at a price of $16.02 per share. This move comes amidst a stable dividend history and consistent earnings growth for the company.

Shore Bancshares, Inc., a bank holding company for Shore United Bank, N.A., has a market cap of $513.63 million and generates revenue primarily through its Community Banking segment, which accounted for $208.21 million [1]. The company maintains a stable dividend history, with a recent quarterly dividend of $0.12 per share, supported by a payout ratio of 29.8% [1]. Despite a slightly lower yield of 3.14% compared to top-tier payers, the company's consistent earnings and low price-to-earnings ratio offer value for investors seeking stability and reliability in dividends [1].

The acquisition of shares by Director Konrad may indicate confidence in the company's future prospects. However, it is important to note that this transaction does not necessarily reflect the company's overall performance or future earnings. Investors should continue to monitor the company's financial health and market conditions for a comprehensive assessment.

For more information on Shore Bancshares Inc., please refer to the original article by Simply Wall St [1].

References:
[1] https://finance.yahoo.com/news/orrstown-financial-services-2-other-173205234.html