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

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

Bank of South Carolina Stock Performance

Shares of Bank of South Carolina stock opened at $13.63 on Thursday. The stock’s 50-day simple moving average is $13.48 and its 200 day simple moving average is $12.81. Bank of South Carolina has a 52-week low of $10.56 and a 52-week high of $14.25. The stock has a market capitalization of $74.00 million, a P/E ratio of 11.08 and a beta of 0.47.

Bank of South Carolina Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Tuesday, December 31st were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 5.58%. The ex-dividend date was Tuesday, December 31st. Bank of South Carolina’s dividend payout ratio is presently 61.79%.

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.