StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC – Free Report) in a research report sent to investors on Wednesday morning. The firm issued a sell rating on the bank’s stock.
Bank of South Carolina Stock Down 1.9 %
BKSC stock opened at $13.72 on Wednesday. The company has a fifty day simple moving average of $13.44 and a two-hundred day simple moving average of $12.75. Bank of South Carolina has a 52 week low of $10.56 and a 52 week high of $14.25. The firm has a market capitalization of $74.50 million, a P/E ratio of 11.15 and a beta of 0.47.
Bank of South Carolina Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders 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 yield of 5.54%. Bank of South Carolina’s dividend payout ratio (DPR) is presently 61.79%.
About Bank of South Carolina
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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