Bank of South Carolina (NASDAQ:BKSC) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Bank of South Carolina (NASDAQ:BKSCFree Report) in a research report sent to investors on Saturday morning. The firm issued a sell rating on the bank’s stock.

Bank of South Carolina Price Performance

Shares of NASDAQ:BKSC opened at $13.68 on Friday. The company’s 50 day simple moving average is $12.54 and its 200 day simple moving average is $12.01. Bank of South Carolina has a 1 year low of $10.56 and a 1 year high of $15.02. The stock has a market capitalization of $74.43 million, a price-to-earnings ratio of 12.00 and a beta of 0.47.

Bank of South Carolina (NASDAQ:BKSCGet Free Report) last issued its quarterly earnings results on Thursday, October 10th. The bank reported $0.33 earnings per share (EPS) for the quarter. Bank of South Carolina had a return on equity of 13.18% and a net margin of 22.15%. The company had revenue of $5.77 million for the quarter.

Bank of South Carolina Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 8th were paid a $0.19 dividend. This is an increase from Bank of South Carolina’s previous quarterly dividend of $0.17. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.56%. The ex-dividend date was Tuesday, October 8th. Bank of South Carolina’s dividend payout ratio (DPR) is presently 66.67%.

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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