Bank of South Carolina Co. (NASDAQ:BKSC – Get Free Report) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.09 and traded as high as $13.48. Bank of South Carolina shares last traded at $13.48, with a volume of 594 shares trading hands.
Analyst Upgrades and Downgrades
Separately, StockNews.com began coverage on shares of Bank of South Carolina in a report on Tuesday. They issued a “sell” rating on the stock.
Read Our Latest Report on Bank of South Carolina
Bank of South Carolina Price Performance
Bank of South Carolina (NASDAQ:BKSC – Get Free Report) last posted its quarterly earnings results on Thursday, October 10th. The bank reported $0.33 earnings per share for the quarter. Bank of South Carolina had a return on equity of 12.84% and a net margin of 22.15%. The business had revenue of $5.77 million for the quarter.
Bank of South Carolina Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 8th were paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date was Tuesday, October 8th. This is a boost from Bank of South Carolina’s previous quarterly dividend of $0.17. Bank of South Carolina’s dividend payout ratio (DPR) is currently 66.67%.
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.
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