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

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

Bank of South Carolina Stock Performance

Shares of BKSC stock opened at $14.49 on Friday. The stock has a fifty day simple moving average of $13.69 and a two-hundred day simple moving average of $13.50. Bank of South Carolina has a 52-week low of $10.56 and a 52-week high of $15.44. The firm has a market capitalization of $78.59 million, a PE ratio of 11.78 and a beta of 0.26.

Bank of South Carolina Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Tuesday, April 8th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend was Tuesday, April 8th. Bank of South Carolina’s payout ratio is 58.46%.

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.