Bank of South Carolina Corp. Announces Quarterly Dividend of $0.15 (BKSC)

Bank of South Carolina Corp. (NASDAQ:BKSC) announced a quarterly dividend on Thursday, December 21st, NASDAQ reports. Investors of record on Tuesday, January 2nd will be paid a dividend of 0.15 per share by the bank on Wednesday, January 31st. This represents a $0.60 annualized dividend and a yield of 3.12%. The ex-dividend date is Friday, December 29th.

Shares of Bank of South Carolina (NASDAQ BKSC) traded up $0.12 during midday trading on Friday, reaching $19.25. The company had a trading volume of 10,708 shares, compared to its average volume of 4,538. Bank of South Carolina has a 52-week low of $17.35 and a 52-week high of $22.00. The firm has a market cap of $95.34, a P/E ratio of 20.05 and a beta of 0.25.

Bank of South Carolina (NASDAQ:BKSC) last announced its earnings results on Thursday, January 11th. The bank reported $0.17 earnings per share for the quarter. Bank of South Carolina had a return on equity of 11.45% and a net margin of 29.70%.

In other Bank of South Carolina news, insider Sheryl G. Sharry bought 4,000 shares of the stock in a transaction dated Monday, December 4th. The stock was bought at an average cost of $18.45 per share, for a total transaction of $73,800.00. Following the completion of the purchase, the insider now directly owns 55,055 shares of the company’s stock, valued at $1,015,764.75. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have bought 7,223 shares of company stock valued at $107,378 over the last 90 days. Insiders own 28.87% of the company’s stock.

A hedge fund recently raised its stake in Bank of South Carolina stock. Northern Trust Corp grew its holdings in shares of Bank of South Carolina Corp. (NASDAQ:BKSC) by 6.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,302 shares of the bank’s stock after acquiring an additional 922 shares during the period. Northern Trust Corp owned about 0.31% of Bank of South Carolina worth $310,000 as of its most recent SEC filing. Institutional investors own 6.06% of the company’s stock.

WARNING: “Bank of South Carolina Corp. Announces Quarterly Dividend of $0.15 (BKSC)” was originally reported by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are accessing this report on another domain, it was illegally copied and republished in violation of US and international copyright law. The legal version of this report can be viewed at https://www.thelincolnianonline.com/2018/01/13/bank-of-south-carolina-corp-bksc-plans-0-15-quarterly-dividend-updated-updated.html.

About Bank of South Carolina

Bank of South Carolina Corporation is a financial institution holding company. The Company offers a range of financial services through its subsidiary, The Bank of South Carolina (the Bank). The Bank is a commercial bank, which operates principally in the Charleston, Dorchester and Berkeley counties of South Carolina.

Dividend History for Bank of South Carolina (NASDAQ:BKSC)

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