Bank of South Carolina Co. Declares Quarterly Dividend of $0.19 (NASDAQ:BKSC)

Bank of South Carolina Co. (NASDAQ:BKSC) announced a quarterly dividend on Thursday, December 19th,NASDAQ Dividends reports. Investors of record on Tuesday, December 31st will be paid a dividend of 0.19 per share by the bank on Friday, January 31st. This represents a $0.76 annualized dividend and a dividend yield of 5.77%. The ex-dividend date of this dividend is Tuesday, December 31st.

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

Bank of South Carolina Stock Up 0.2 %

BKSC stock traded up $0.03 during mid-day trading on Friday, reaching $13.18. The company had a trading volume of 3,720 shares, compared to its average volume of 2,672. Bank of South Carolina has a one year low of $10.56 and a one year high of $15.02. The stock’s 50-day simple moving average is $13.06 and its two-hundred day simple moving average is $12.12. The stock has a market capitalization of $71.59 million, a P/E ratio of 11.56 and a beta of 0.47.

Bank of South Carolina (NASDAQ:BKSC) last issued its quarterly earnings data 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 12.84% and a net margin of 22.15%. The business had revenue of $5.77 million during the quarter.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on shares of Bank of South Carolina in a report on Tuesday. They issued a “sell” rating on the stock.

About Bank of South Carolina

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.