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

Bank of South Carolina Corp. (NASDAQ:BKSC) announced a quarterly dividend on Thursday, December 21st, NASDAQ reports. Shareholders of record on Tuesday, January 2nd will be given 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 of this dividend is Friday, December 29th.

Shares of Bank of South Carolina (BKSC) traded up $0.12 during trading hours on Friday, hitting $19.25. The stock had a trading volume of 10,708 shares, compared to its average volume of 4,538. The company has a market capitalization of $95.34, a P/E ratio of 20.05 and a beta of 0.25. Bank of South Carolina has a 1 year low of $17.35 and a 1 year high of $22.00.

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

In other news, insider Sheryl G. Sharry bought 4,000 shares of the stock in a transaction on Monday, December 4th. The shares were bought at an average price of $18.45 per share, with a total value of $73,800.00. Following the completion of the acquisition, the insider now owns 55,055 shares in the company, valued at $1,015,764.75. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders acquired 7,223 shares of company stock worth $107,378. 28.87% of the stock is owned by corporate insiders.

An institutional investor recently raised its position in Bank of South Carolina stock. Northern Trust Corp grew its stake in Bank of South Carolina Corp. (NASDAQ:BKSC) by 6.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,302 shares of the bank’s stock after buying an additional 922 shares during the quarter. Northern Trust Corp owned approximately 0.31% of Bank of South Carolina worth $310,000 as of its most recent SEC filing. 6.06% of the stock is currently owned by hedge funds and other institutional investors.

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Bank of South Carolina Company Profile

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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