Bank of South Carolina (NASDAQ:BKSC) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a report issued on Saturday morning. The firm issued a sell rating on the bank’s stock.

Bank of South Carolina Stock Down 1.8 %

NASDAQ:BKSC opened at $13.45 on Friday. The company has a market cap of $73.02 million, a PE ratio of 10.93 and a beta of 0.43. The business’s 50 day moving average is $13.58 and its two-hundred day moving average is $12.98. Bank of South Carolina has a 52 week low of $10.56 and a 52 week high of $14.25.

Bank of South Carolina Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.19 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.76 annualized dividend and a yield of 5.65%. Bank of South Carolina’s payout ratio is 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.