Bank of South Carolina (NASDAQ:BKSC) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a report issued on Sunday morning. The brokerage issued a sell rating on the bank’s stock.

Bank of South Carolina Stock Performance

Bank of South Carolina stock opened at $13.24 on Friday. Bank of South Carolina has a 52 week low of $10.56 and a 52 week high of $13.99. The firm has a market cap of $71.89 million, a P/E ratio of 10.76 and a beta of 0.47. The business’s fifty day moving average is $13.31 and its two-hundred day moving average is $12.52.

Bank of South Carolina Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 5.74%. The ex-dividend date of this dividend is Tuesday, December 31st. Bank of South Carolina’s payout ratio is presently 61.79%.

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.