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

CoastalSouth Bancshares, Inc. (NYSE:COSO) declared a quarterly dividend on Thursday, January 22nd. Shareholders of record on Thursday, February 12th will be given a dividend of 0.05 per share on Thursday, February 26th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date is Thursday, February 12th.

CoastalSouth Bancshares Price Performance

CoastalSouth Bancshares stock opened at $25.40 on Tuesday. The firm has a 50 day moving average price of $23.82. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.92 and a quick ratio of 0.80. CoastalSouth Bancshares has a 1 year low of $19.24 and a 1 year high of $25.90. The firm has a market capitalization of $304.29 million and a P/E ratio of 15.03.

CoastalSouth Bancshares (NYSE:COSO) last announced its quarterly earnings results on Tuesday, January 20th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.04). The business had revenue of $22.16 million for the quarter, compared to analysts’ expectations of $22.30 million.

About CoastalSouth Bancshares

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.