Bank of South Carolina (NASDAQ:BKSC) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a report released on Monday. The firm issued a sell rating on the bank’s stock.

Bank of South Carolina Stock Performance

Shares of NASDAQ BKSC opened at $12.04 on Monday. Bank of South Carolina has a one year low of $10.37 and a one year high of $15.02. The firm has a market capitalization of $65.71 million, a P/E ratio of 11.58 and a beta of 0.49. The company’s fifty day moving average is $11.77 and its two-hundred day moving average is $11.90.

Bank of South Carolina Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 8th will be issued a $0.19 dividend. The ex-dividend date is Tuesday, October 8th. This is a boost from Bank of South Carolina’s previous quarterly dividend of $0.17. This represents a $0.76 dividend on an annualized basis and a yield of 6.31%. Bank of South Carolina’s dividend payout ratio (DPR) is 73.08%.

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.