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

Bank of South Carolina Co. (NASDAQ:BKSC) declared a quarterly dividend on Thursday, December 19th,NASDAQ Dividends reports. Stockholders 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 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 Performance

NASDAQ BKSC traded up $0.03 on Friday, reaching $13.18. The company’s stock had a trading volume of 3,720 shares, compared to its average volume of 2,672. The stock has a market cap of $71.59 million, a PE ratio of 11.56 and a beta of 0.47. Bank of South Carolina has a twelve month low of $10.56 and a twelve month high of $15.02. The firm’s 50 day moving average is $13.06 and its two-hundred day moving average is $12.12.

Bank of South Carolina (NASDAQ:BKSC) last released its quarterly earnings data on Thursday, October 10th. The bank reported $0.33 earnings per share for the quarter. The business had revenue of $5.77 million during the quarter. Bank of South Carolina had a return on equity of 12.84% and a net margin of 22.15%.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Bank of South Carolina in a research report on Tuesday. They set 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.