Bank of South Carolina (NASDAQ:BKSC) Now Covered by StockNews.com

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

Bank of South Carolina Stock Performance

Shares of BKSC stock opened at $13.50 on Friday. The firm has a market cap of $73.29 million, a price-to-earnings ratio of 10.98 and a beta of 0.43. Bank of South Carolina has a 52 week low of $10.56 and a 52 week high of $14.25. The firm’s 50-day simple moving average is $13.53 and its two-hundred day simple moving average is $12.88.

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 $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 5.63%. The ex-dividend date of this dividend was Tuesday, December 31st. Bank of South Carolina’s dividend 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.