Bank of South Carolina (NASDAQ:BKSC) Now Covered by StockNews.com

StockNews.com started coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a research report released on Tuesday. The firm issued a sell rating on the bank’s stock.

Bank of South Carolina Stock Performance

Bank of South Carolina stock opened at $13.86 on Tuesday. The company’s 50 day simple moving average is $13.65 and its 200-day simple moving average is $13.19. Bank of South Carolina has a 1 year low of $10.56 and a 1 year high of $14.25. The company has a market capitalization of $75.25 million, a price-to-earnings ratio of 11.27 and a beta of 0.35.

Bank of South Carolina Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 8th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $0.76 annualized dividend and a dividend yield of 5.48%. Bank of South Carolina’s dividend payout ratio is currently 61.79%.

About Bank of South Carolina

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.