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

StockNews.com began coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a research note issued to investors on Wednesday morning. The firm issued a sell rating on the bank’s stock.

Bank of South Carolina Stock Down 1.9 %

BKSC opened at $13.72 on Wednesday. The business has a fifty day moving average of $13.44 and a 200 day moving average of $12.75. The stock has a market cap of $74.50 million, a P/E ratio of 11.15 and a beta of 0.47. Bank of South Carolina has a 52-week low of $10.56 and a 52-week high of $14.25.

Bank of South Carolina Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 5.54%. The ex-dividend date of this dividend was Tuesday, December 31st. Bank of South Carolina’s dividend payout ratio is presently 61.79%.

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.