StockNews.com initiated coverage on shares of Bank of South Carolina (NASDAQ:BKSC - Free Report) in a report released on Saturday morning. The firm issued a sell rating on the bank's stock.
Bank of South Carolina Price Performance
NASDAQ BKSC traded down $0.34 on Friday, hitting $14.55. The stock had a trading volume of 156 shares, compared to its average volume of 2,151. The business's fifty day moving average price is $13.72 and its 200 day moving average price is $13.51. Bank of South Carolina has a 52-week low of $10.56 and a 52-week high of $15.44. The stock has a market cap of $78.92 million, a price-to-earnings ratio of 11.83 and a beta of 0.26.
Bank of South Carolina Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 8th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 5.22%. The ex-dividend date was Tuesday, April 8th. Bank of South Carolina's dividend payout ratio is currently 58.46%.
About Bank of South Carolina
(
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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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