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

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

Bank of South Carolina Stock Up 1.8 %

Bank of South Carolina stock opened at $14.25 on Tuesday. The stock has a market cap of $77.38 million, a PE ratio of 11.59 and a beta of 0.47. Bank of South Carolina has a 12-month low of $10.56 and a 12-month high of $14.25. The business’s 50-day moving average price is $13.32 and its two-hundred day moving average price is $12.64.

Bank of South Carolina Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, December 31st were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 5.33%. The ex-dividend date of this dividend was Tuesday, December 31st. Bank of South Carolina’s payout ratio is 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.