Bank of South Carolina Co. (BKSC) to Issue Quarterly Dividend of $0.19 on January 31st

Bank of South Carolina Co. (NASDAQ:BKSC) announced a quarterly dividend on Thursday, December 19th,NASDAQ Dividends reports. Stockholders of record on Tuesday, December 31st will be given a dividend of 0.19 per share by the bank on Friday, January 31st. This represents a $0.76 annualized dividend and a dividend yield of 5.76%. The ex-dividend date of this dividend is Tuesday, December 31st.

Bank of South Carolina has decreased its dividend by an average of 8.2% per year over the last three years.

Bank of South Carolina Price Performance

Bank of South Carolina stock opened at $13.20 on Friday. The business has a 50 day simple moving average of $13.17 and a 200 day simple moving average of $12.19. The company has a market capitalization of $71.73 million, a PE ratio of 11.58 and a beta of 0.47. Bank of South Carolina has a one year low of $10.56 and a one year high of $15.02.

Bank of South Carolina (NASDAQ:BKSC) last issued its quarterly earnings data on Thursday, October 10th. The bank reported $0.33 earnings per share (EPS) for the quarter. Bank of South Carolina had a return on equity of 12.84% and a net margin of 22.15%. The company had revenue of $5.77 million during the quarter.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on shares of Bank of South Carolina in a research report on Wednesday. They issued a “sell” rating on the stock.

Bank of South Carolina Company Profile

Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.