Bank of South Carolina Co. (NASDAQ:BKSC) Declares Quarterly Dividend of $0.19

Bank of South Carolina Co. (NASDAQ:BKSC) declared a quarterly dividend on Thursday, March 27th, RTT News reports. Investors of record on Tuesday, April 8th will be paid a dividend of 0.19 per share by the bank on Wednesday, April 30th. This represents a $0.76 annualized dividend and a yield of 5.73%.

Bank of South Carolina has increased its dividend by an average of 1.9% annually over the last three years.

Bank of South Carolina Stock Performance

BKSC traded down $0.43 during midday trading on Thursday, reaching $13.27. 4,251 shares of the company were exchanged, compared to its average volume of 2,191. Bank of South Carolina has a one year low of $10.56 and a one year high of $14.25. The company’s fifty day moving average price is $13.59 and its 200 day moving average price is $13.07. The company has a market cap of $72.04 million, a price-to-earnings ratio of 10.79 and a beta of 0.43.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Bank of South Carolina in a research report on Sunday. They issued a “sell” rating for the company.

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.