StockNews.com started coverage on shares of Bank of South Carolina (NASDAQ:BKSC - Free Report) in a research note published on Tuesday. The firm issued a sell rating on the bank's stock.
Bank of South Carolina Price Performance
NASDAQ BKSC traded down $0.48 on Tuesday, hitting $13.00. The stock had a trading volume of 6,819 shares, compared to its average volume of 2,680. The business's fifty day moving average price is $12.99 and its 200 day moving average price is $12.10. The stock has a market cap of $70.64 million, a price-to-earnings ratio of 11.45 and a beta of 0.47. Bank of South Carolina has a 52-week low of $10.56 and a 52-week high of $15.02.
Bank of South Carolina (NASDAQ:BKSC - Get Free Report) last announced its earnings results on Thursday, October 10th. The bank reported $0.33 earnings per share for the quarter. Bank of South Carolina had a return on equity of 12.84% and a net margin of 22.15%. The firm had revenue of $5.77 million for the quarter.
Bank of South Carolina Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Investors of record on Tuesday, October 8th were given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 5.85%. This is an increase from Bank of South Carolina's previous quarterly dividend of $0.17. The ex-dividend date was Tuesday, October 8th. Bank of South Carolina's dividend payout ratio is presently 66.67%.
Bank of South Carolina Company Profile
(
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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