StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC – Free Report) in a report released on Wednesday. The firm issued a sell rating on the bank’s stock.
Bank of South Carolina Price Performance
Shares of BKSC opened at $13.98 on Wednesday. The stock’s 50-day moving average is $13.42 and its two-hundred day moving average is $12.73. The stock has a market cap of $75.91 million, a PE ratio of 11.37 and a beta of 0.47. Bank of South Carolina has a 12 month low of $10.56 and a 12 month high of $14.25.
Bank of South Carolina Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date of this dividend was Tuesday, December 31st. Bank of South Carolina’s dividend payout ratio is presently 61.79%.
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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