StockNews.com started coverage on shares of Bank of South Carolina (NASDAQ:BKSC - Free Report) in a research note released on Monday. The brokerage issued a sell rating on the bank's stock.
Bank of South Carolina Stock Up 3.5 %
Shares of NASDAQ BKSC traded up $0.47 on Monday, hitting $14.00. The company had a trading volume of 1,346 shares, compared to its average volume of 2,683. Bank of South Carolina has a 12-month low of $10.56 and a 12-month high of $14.00. The firm has a market capitalization of $76.02 million, a P/E ratio of 11.38 and a beta of 0.47. The business has a 50 day moving average of $13.28 and a two-hundred day moving average of $12.58.
Bank of South Carolina Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.19 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.43%. Bank of South Carolina's payout ratio is currently 61.79%.
About Bank of South Carolina
(
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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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