Bank of South Carolina (NASDAQ:BKSC) Earns Sell Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a research report sent to investors on Sunday morning. The firm issued a sell rating on the bank’s stock.

Bank of South Carolina Price Performance

BKSC opened at $14.44 on Friday. The business’s 50-day moving average is $13.81 and its two-hundred day moving average is $13.57. Bank of South Carolina has a 1 year low of $10.56 and a 1 year high of $15.44. The firm has a market capitalization of $78.32 million, a PE ratio of 11.74 and a beta of 0.26.

Bank of South Carolina Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 8th were given a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, April 8th. This represents a $0.76 dividend on an annualized basis and a yield of 5.26%. Bank of South Carolina’s dividend payout ratio is currently 58.46%.

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.