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StockNews.com Begins Coverage on Bank of South Carolina (NASDAQ:BKSC)

Bank of South Carolina logo with Finance background

StockNews.com started coverage on shares of Bank of South Carolina (NASDAQ:BKSC - Free Report) in a report issued on Tuesday morning. The brokerage issued a sell rating on the bank's stock.

Bank of South Carolina Stock Performance

BKSC traded down $0.07 during trading on Tuesday, hitting $13.25. 2,408 shares of the stock were exchanged, compared to its average volume of 2,330. The firm has a 50 day simple moving average of $13.64 and a 200 day simple moving average of $13.22. The firm has a market cap of $71.93 million, a price-to-earnings ratio of 10.77 and a beta of 0.35. Bank of South Carolina has a 1 year low of $10.56 and a 1 year high of $14.25.

Bank of South Carolina Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 8th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $0.76 annualized dividend and a dividend yield of 5.74%. Bank of South Carolina's payout ratio is currently 61.79%.

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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