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

Bank of South Carolina Co. (NASDAQ:BKSC - Get Free Report) announced a quarterly dividend on Thursday, March 27th, RTT News reports. Investors of record on Tuesday, April 8th will be paid a dividend of 0.19 per share by the bank on Wednesday, April 30th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.63%. The ex-dividend date is Tuesday, April 8th.

Bank of South Carolina has increased its dividend payment by an average of 1.9% per year over the last three years.

Bank of South Carolina Price Performance

BKSC traded up $0.10 during mid-day trading on Monday, hitting $13.50. The stock had a trading volume of 781 shares, compared to its average volume of 2,138. The stock's fifty day simple moving average is $13.61 and its 200-day simple moving average is $13.11. The firm has a market capitalization of $73.29 million, a price-to-earnings ratio of 10.98 and a beta of 0.43. Bank of South Carolina has a 1-year low of $10.56 and a 1-year high of $14.25.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Bank of South Carolina in a research note on Monday. They issued a "sell" rating for the company.

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.