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 Saturday morning. The brokerage issued a sell rating on the bank’s stock.

Bank of South Carolina Stock Performance

Bank of South Carolina stock opened at $14.49 on Friday. The stock’s 50 day simple moving average is $13.69 and its two-hundred day simple moving average is $13.50. Bank of South Carolina has a fifty-two week low of $10.56 and a fifty-two week high of $15.44. The stock has a market cap of $78.59 million, a price-to-earnings ratio of 11.78 and a beta of 0.26.

Bank of South Carolina Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders 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 dividend yield of 5.24%. 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.