StockNews.com started coverage on shares of Bank of South Carolina (NASDAQ:BKSC – Free Report) in a research report sent to investors on Tuesday morning. The firm issued a sell rating on the bank’s stock.
Bank of South Carolina Trading Down 1.8 %
Bank of South Carolina stock opened at $14.00 on Tuesday. Bank of South Carolina has a 1 year low of $10.56 and a 1 year high of $14.25. The company has a market cap of $76.02 million, a PE ratio of 11.38 and a beta of 0.47. The company’s 50-day moving average is $13.36 and its two-hundred day moving average is $12.67.
Bank of South Carolina Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were paid a $0.19 dividend. 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 dividend payout ratio (DPR) is presently 61.79%.
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.
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