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

Bank of South Carolina Co. (NASDAQ:BKSC) announced a quarterly dividend on Thursday, March 27th, RTT News reports. Investors of record on Tuesday, April 8th will be given a dividend of 0.19 per share by the bank on Wednesday, April 30th. This represents a $0.76 annualized dividend and a yield of 5.73%.

Bank of South Carolina has increased its dividend by an average of 1.9% annually over the last three years.

Bank of South Carolina Trading Down 3.1 %

Bank of South Carolina stock traded down $0.43 during mid-day trading on Thursday, reaching $13.27. The company had a trading volume of 4,251 shares, compared to its average volume of 2,191. Bank of South Carolina has a fifty-two week low of $10.56 and a fifty-two week high of $14.25. The business has a fifty day simple moving average of $13.59 and a 200 day simple moving average of $13.07. The company has a market cap of $72.04 million, a P/E ratio of 10.79 and a beta of 0.43.

Wall Street Analysts Forecast Growth

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

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.