Bank of South Carolina Corp. (BKSC) Announces Quarterly Earnings Results
Shares of Bank of South Carolina Corp. (NASDAQ:BKSC) opened at 19.65 on Friday. The stock has a market cap of $97.11 million, a P/E ratio of 20.26 and a beta of 0.32. The company has a 50-day moving average of $18.07 and a 200 day moving average of $16.69. Bank of South Carolina Corp. has a 52-week low of $14.05 and a 52-week high of $19.65.
The firm also recently declared a quarterly dividend, which will be paid on Monday, October 31st. Investors of record on Monday, October 3rd will be given a $0.14 dividend. This is an increase from Bank of South Carolina Corp.’s previous quarterly dividend of $0.13. The ex-dividend date is Thursday, September 29th. This represents a $0.56 annualized dividend and a yield of 2.85%. Bank of South Carolina Corp.’s dividend payout ratio is 57.14%.
In other Bank of South Carolina Corp. news, President Fleetwood S. Hassell purchased 2,700 shares of the business’s stock in a transaction dated Tuesday, September 20th. The stock was bought at an average cost of $10.95 per share, for a total transaction of $29,565.00. Following the completion of the acquisition, the president now directly owns 45,862 shares in the company, valued at $502,188.90. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Eugene H. Iv Walpole purchased 9,185 shares of the business’s stock in a transaction dated Wednesday, July 27th. The shares were acquired at an average price of $16.25 per share, with a total value of $149,256.25. Following the completion of the acquisition, the chief financial officer now owns 2,034 shares of the company’s stock, valued at $33,052.50. The disclosure for this purchase can be found here. Insiders own 20.48% of the company’s stock.
Bank of South Carolina Corp. 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.
Receive News & Stock Ratings for Bank of South Carolina Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of South Carolina Corp. and related stocks with our FREE daily email newsletter.