Bank of South Carolina Co. (NASDAQ:BKSC) Declares Quarterly Dividend of $0.23

Key Points

• Bank of South Carolina Co. declared a quarterly dividend of $0.23 per share, marking a 9.5% increase from the previous quarter's dividend of $0.21.
• Stockholders of record as of October 7th will receive the dividend on October 31st, resulting in an annualized dividend yield of 5.9%.
• The company’s stock trades at approximately $15.52 with a market capitalization of $84.12 million and a price-to-earnings ratio of 12.62.

Bank of South Carolina Co. (NASDAQ:BKSC - Get Free Report) announced a quarterly dividend on Thursday, September 25th, RTT News reports. Stockholders of record on Tuesday, October 7th will be given a dividend of 0.23 per share by the bank on Friday, October 31st. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%. This is a 9.5% increase from Bank of South Carolina's previous quarterly dividend of $0.21.

Bank of South Carolina Price Performance

NASDAQ BKSC traded up $0.03 on Thursday, hitting $15.52. 110 shares of the company's stock were exchanged, compared to its average volume of 2,040. Bank of South Carolina has a fifty-two week low of $11.48 and a fifty-two week high of $16.00. The firm has a market cap of $84.12 million, a price-to-earnings ratio of 12.62 and a beta of 0.30. The firm's 50-day moving average price is $15.39 and its two-hundred day moving average price is $14.51.

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.

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