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

CoastalSouth Bancshares, Inc. (NYSE:COSOGet Free Report) announced a quarterly dividend on Monday, July 20th. Investors of record on Thursday, August 13th will be paid a dividend of 0.05 per share on Thursday, August 27th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 13th.

CoastalSouth Bancshares Price Performance

COSO stock opened at $26.77 on Tuesday. The stock has a market cap of $322.25 million and a price-to-earnings ratio of 12.17. The company has a 50 day simple moving average of $26.28 and a 200 day simple moving average of $25.18. CoastalSouth Bancshares has a 1 year low of $19.24 and a 1 year high of $28.02.

CoastalSouth Bancshares (NYSE:COSOGet Free Report) last issued its earnings results on Monday, July 20th. The company reported $0.59 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.02). The company had revenue of $22.87 million during the quarter. CoastalSouth Bancshares had a net margin of 18.91% and a return on equity of 10.66%. On average, equities research analysts anticipate that CoastalSouth Bancshares will post 2.42 EPS for the current fiscal year.

About CoastalSouth Bancshares

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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.

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