Bank of South Carolina Co. (BKSC) To Go Ex-Dividend on October 8th

Bank of South Carolina Co. (NASDAQ:BKSC) announced a quarterly dividend on Thursday, September 26th, NASDAQ reports. Stockholders of record on Tuesday, October 8th will be paid a dividend of 0.19 per share by the bank on Thursday, October 31st. This represents a $0.76 annualized dividend and a dividend yield of 6.24%. The ex-dividend date is Tuesday, October 8th. This is a boost from Bank of South Carolina’s previous quarterly dividend of $0.17.

Bank of South Carolina has decreased its dividend by an average of 8.2% annually over the last three years.

Bank of South Carolina Stock Up 0.8 %

NASDAQ BKSC opened at $12.17 on Friday. The stock has a market capitalization of $66.42 million, a P/E ratio of 11.70 and a beta of 0.49. Bank of South Carolina has a 52-week low of $10.22 and a 52-week high of $15.02. The firm has a 50-day moving average price of $11.78 and a 200 day moving average price of $11.92.

Bank of South Carolina (NASDAQ:BKSC) last issued its earnings results on Thursday, July 11th. The bank reported $0.32 earnings per share (EPS) for the quarter. Bank of South Carolina had a return on equity of 12.48% and a net margin of 20.76%. The business had revenue of $5.61 million during the quarter.

Wall Street Analysts Forecast Growth

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

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.