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

CoastalSouth Bancshares, Inc. (NYSE:COSO) announced a quarterly dividend on Monday, July 20th. Shareholders of record on Thursday, August 13th will be given a dividend of 0.05 per share on Thursday, August 27th. This represents a c) dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Thursday, August 13th.

CoastalSouth Bancshares Stock Down 1.1%

NYSE COSO opened at $26.77 on Tuesday. The firm has a 50-day moving average price of $26.28 and a two-hundred day moving average price of $25.18. CoastalSouth Bancshares has a 12-month low of $19.24 and a 12-month high of $28.02. The company has a market capitalization of $322.25 million and a P/E ratio of 12.17.

CoastalSouth Bancshares (NYSE:COSO) last announced its earnings results on Monday, July 20th. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.02). CoastalSouth Bancshares had a return on equity of 10.66% and a net margin of 18.91%.The business had revenue of $22.87 million for the quarter. 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.