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

CoastalSouth Bancshares, Inc. (NYSE:COSO) declared a quarterly dividend on Friday, April 17th. Shareholders of record on Thursday, May 14th will be given a dividend of 0.05 per share on Thursday, May 28th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, May 14th.

CoastalSouth Bancshares Price Performance

NYSE COSO opened at $25.29 on Tuesday. CoastalSouth Bancshares has a fifty-two week low of $19.24 and a fifty-two week high of $26.36. The company’s 50-day moving average is $24.86. The company has a current ratio of 0.93, a quick ratio of 0.84 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $299.70 million and a price-to-earnings ratio of 11.50.

CoastalSouth Bancshares (NYSE:COSO) last posted its earnings results on Monday, April 20th. The company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.05). CoastalSouth Bancshares had a net margin of 18.91% and a return on equity of 10.92%. The company had revenue of $21.71 million for the quarter, compared to the consensus estimate of $22.10 million. On average, equities analysts expect 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.