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

CoastalSouth Bancshares, Inc. (NYSE:COSO) declared a quarterly dividend on Thursday, January 22nd. Shareholders of record on Thursday, February 12th will be paid a dividend of 0.05 per share on Thursday, February 26th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, February 12th.

CoastalSouth Bancshares Stock Performance

Shares of CoastalSouth Bancshares stock opened at $25.40 on Tuesday. The firm has a market capitalization of $304.29 million and a PE ratio of 15.03. CoastalSouth Bancshares has a 52 week low of $19.24 and a 52 week high of $25.90. The firm has a 50 day moving average price of $23.82. The company has a quick ratio of 0.80, a current ratio of 0.92 and a debt-to-equity ratio of 0.10.

CoastalSouth Bancshares (NYSE:COSO) last issued its earnings results on Tuesday, January 20th. The company reported $0.58 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.04). The firm had revenue of $22.16 million during the quarter, compared to the consensus estimate of $22.30 million.

About CoastalSouth Bancshares

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.