Bank of South Carolina Co. (NASDAQ:BKSC - Get Free Report) announced a quarterly dividend on Thursday, June 26th, RTT News reports. Shareholders of record on Tuesday, July 8th will be paid a dividend of 0.21 per share by the bank on Thursday, July 31st. This represents a $0.84 annualized dividend and a yield of 5.88%. This is a 10.5% increase from Bank of South Carolina's previous quarterly dividend of $0.19.
Bank of South Carolina Stock Performance
BKSC traded up $0.28 during trading on Thursday, reaching $14.28. 1,400 shares of the company's stock were exchanged, compared to its average volume of 2,232. Bank of South Carolina has a fifty-two week low of $10.56 and a fifty-two week high of $15.44. The company's fifty day moving average price is $14.22 and its 200-day moving average price is $13.73. The firm has a market capitalization of $77.45 million, a PE ratio of 11.61 and a beta of 0.27.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen initiated coverage on shares of Bank of South Carolina in a research note on Sunday, May 18th. They issued a "sell" rating for the company.
Read Our Latest Analysis on Bank of South Carolina
Bank of South Carolina Company Profile
(
Get Free Report)
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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