StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC - Free Report) in a research note issued to investors on Thursday morning. The brokerage issued a sell rating on the bank's stock.
Bank of South Carolina Stock Down 1.4 %
Shares of BKSC stock traded down $0.18 during trading hours on Thursday, hitting $13.03. 450 shares of the company's stock were exchanged, compared to its average volume of 3,138. The firm has a market cap of $71.01 million, a P/E ratio of 11.43 and a beta of 0.47. The firm has a 50 day moving average of $12.11 and a two-hundred day moving average of $11.94. Bank of South Carolina has a fifty-two week low of $10.56 and a fifty-two week high of $15.02.
Bank of South Carolina (NASDAQ:BKSC - Get Free Report) last posted its quarterly earnings data on Thursday, October 10th. The bank reported $0.33 EPS for the quarter. Bank of South Carolina had a return on equity of 13.18% and a net margin of 22.15%. The firm had revenue of $5.77 million during the quarter.
Bank of South Carolina Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 8th were paid a $0.19 dividend. This is an increase from Bank of South Carolina's previous quarterly dividend of $0.17. This represents a $0.76 annualized dividend and a yield of 5.83%. The ex-dividend date was Tuesday, October 8th. Bank of South Carolina's dividend payout ratio is currently 66.67%.
About Bank of South Carolina
(
Get Free Report)
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.
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