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

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

Bank of South Carolina Stock Performance

Bank of South Carolina stock opened at $13.10 on Friday. Bank of South Carolina has a one year low of $10.56 and a one year high of $13.99. The stock has a market cap of $71.13 million, a PE ratio of 10.65 and a beta of 0.47. The stock has a 50-day moving average of $13.32 and a two-hundred day moving average of $12.43.

Bank of South Carolina Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 5.80%. The ex-dividend date of this dividend is Tuesday, December 31st. Bank of South Carolina’s dividend payout ratio 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.