CoastalSouth Bancshares, Inc. (NYSE:COSO) Declares $0.05 Quarterly Dividend

CoastalSouth Bancshares, Inc. (NYSE:COSO) declared a quarterly dividend on Monday, July 20th. Shareholders of record on Thursday, August 13th will be paid a dividend of 0.05 per share on Thursday, August 27th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, August 13th.

CoastalSouth Bancshares Price Performance

Shares of COSO stock opened at $26.77 on Tuesday. The company has a market capitalization of $322.25 million and a PE ratio of 12.17. The firm’s 50-day moving average is $26.28 and its two-hundred day moving average is $25.18. CoastalSouth Bancshares has a 12 month low of $19.24 and a 12 month high of $28.02.

CoastalSouth Bancshares (NYSE:COSO) last posted its quarterly earnings results on Monday, July 20th. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.02). The firm had revenue of $22.87 million during the quarter. CoastalSouth Bancshares had a net margin of 18.91% and a return on equity of 10.66%. Sell-side analysts forecast that CoastalSouth Bancshares will post 2.42 EPS for the current year.

CoastalSouth Bancshares Company Profile

CoastalSouth Bancshares, Inc is a bank holding company headquartered in Atlanta, Georgia. Through our wholly owned subsidiary, Coastal States Bank, a South Carolina state-chartered commercial bank, we offer a full range of banking products and services designed for businesses, real estate professionals, and consumers looking for a deep and meaningful relationship with their bank. Today, we have a community banking presence in some of the fastest growing and most business-friendly markets in the U.S., namely the Lowcountry of South Carolina (Hilton Head Island, Bluffton, and Beaufort), nearby Savannah, Georgia, and the Atlanta, Georgia market.