Bank of South Carolina Co. (BKSC) to Issue Quarterly Dividend of $0.19 on April 30th

Bank of South Carolina Co. (NASDAQ:BKSC) declared a quarterly dividend on Thursday, March 27th, RTT News reports. Shareholders 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 5.67%. The ex-dividend date is Tuesday, April 8th.

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

Bank of South Carolina Trading Up 1.0 %

NASDAQ:BKSC opened at $13.40 on Friday. The stock has a 50 day moving average of $13.60 and a two-hundred day moving average of $13.08. Bank of South Carolina has a 12 month low of $10.56 and a 12 month high of $14.25. The firm has a market cap of $72.75 million, a P/E ratio of 10.89 and a beta of 0.43.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Bank of South Carolina in a report on Sunday, March 23rd. 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.