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

StockNews.com assumed coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a research note published on Wednesday morning. The brokerage issued a sell rating on the bank’s stock.

Bank of South Carolina Stock Performance

Bank of South Carolina stock opened at $13.53 on Wednesday. The stock has a 50-day simple moving average of $13.62 and a 200-day simple moving average of $13.25. The company has a market capitalization of $73.45 million, a P/E ratio of 11.00 and a beta of 0.35. Bank of South Carolina has a fifty-two week low of $10.56 and a fifty-two week high of $14.25.

Bank of South Carolina Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 8th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, April 8th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 5.62%. 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.