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

StockNews.com began coverage on shares of Bank of South Carolina (NASDAQ:BKSCFree Report) in a research note published on Thursday morning. The brokerage issued a sell rating on the bank’s stock.

Bank of South Carolina Trading Up 0.1 %

Shares of NASDAQ:BKSC opened at $13.56 on Thursday. The business has a 50-day moving average price of $13.46 and a 200 day moving average price of $12.79. The company has a market capitalization of $73.63 million, a price-to-earnings ratio of 11.02 and a beta of 0.47. Bank of South Carolina has a 12-month low of $10.56 and a 12-month high of $14.25.

Bank of South Carolina Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.60%. The ex-dividend date was Tuesday, December 31st. Bank of South Carolina’s payout ratio is 61.79%.

About Bank of South Carolina

(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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