Bank of South Carolina Corp. (NASDAQ:BKSC) insider Douglas H. Sass purchased 2,200 shares of the business’s stock in a transaction on Wednesday, December 20th. The stock was bought at an average cost of $10.76 per share, with a total value of $23,672.00. Following the purchase, the insider now owns 8,227 shares in the company, valued at $88,522.52. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Bank of South Carolina Corp. (NASDAQ BKSC) opened at $19.25 on Friday. Bank of South Carolina Corp. has a 12 month low of $17.35 and a 12 month high of $22.00. The stock has a market cap of $95.34, a price-to-earnings ratio of 20.05 and a beta of 0.25.
Bank of South Carolina (NASDAQ:BKSC) last posted its quarterly earnings results on Thursday, January 11th. The bank reported $0.17 EPS for the quarter. Bank of South Carolina had a net margin of 29.70% and a return on equity of 11.45%.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Shareholders of record on Tuesday, January 2nd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, December 29th. This represents a $0.60 annualized dividend and a yield of 3.12%. Bank of South Carolina’s dividend payout ratio (DPR) is presently 62.50%.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. John W. Rosenthal Capital Management Inc. raised its holdings in Bank of South Carolina by 3.3% in the 2nd quarter. John W. Rosenthal Capital Management Inc. now owns 77,077 shares of the bank’s stock worth $1,561,000 after purchasing an additional 2,450 shares in the last quarter. Janus Henderson Group PLC bought a new position in Bank of South Carolina in the 2nd quarter worth $1,321,000. Finally, Northern Trust Corp raised its holdings in Bank of South Carolina by 6.4% in the 2nd quarter. Northern Trust Corp now owns 15,302 shares of the bank’s stock worth $310,000 after purchasing an additional 922 shares in the last quarter. Institutional investors and hedge funds own 6.06% of the company’s stock.
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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.
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