Bank of South Carolina Co. (NASDAQ:BKSC – Get Free Report) announced a quarterly dividend on Thursday, September 26th, NASDAQ reports. Shareholders of record on Tuesday, October 8th will be given a dividend of 0.19 per share by the bank on Thursday, October 31st. This represents a $0.76 dividend on an annualized basis and a yield of 6.50%. The ex-dividend date of this dividend is Tuesday, October 8th. This is a positive change from Bank of South Carolina’s previous quarterly dividend of $0.17.
Bank of South Carolina has decreased its dividend by an average of 8.2% annually over the last three years.
Bank of South Carolina Stock Performance
NASDAQ BKSC opened at $11.69 on Friday. The stock’s fifty day moving average is $11.75 and its two-hundred day moving average is $11.94. The firm has a market capitalization of $63.80 million, a P/E ratio of 11.24 and a beta of 0.49. Bank of South Carolina has a fifty-two week low of $10.22 and a fifty-two week high of $15.02.
Wall Street Analysts Forecast Growth
Separately, StockNews.com assumed coverage on shares of Bank of South Carolina in a report on Saturday. They set a “sell” rating for the company.
View Our Latest Report on Bank of South Carolina
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.
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