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BKSC - Bank Of South Carolina Is Now Yielding 4.2% After A Rare Dividend Increase
December, 19 2020 11:35 AM
Bank of South Carolina Corp.
The Bank of South Carolina hiked its dividend, a rare move in the financial sector this year. The yield of 4.2% is attractive and has a coverage ratio north of 180% based on the Q3 results. The loan book appears to be robust with less than 0.5% of the loans past due. An impressive financial performance, but BKSC isn't exactly cheap at 13X earnings and 1.6X book. For further details see:
Bank Of South Carolina Is Now Yielding 4.2% After A Rare Dividend Increase
Stock Information
Company Name:
Bank of South Carolina Corp.
Stock Symbol:
BKSC
Market:
NASDAQ
Website:
banksc.com
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