Bank of South Carolina (BKSC) Declares $0.15 Quarterly Dividend; 3% Yield

Bank of South Carolina (NASDAQ: BKSC) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on October 31, 2018, to stockholders of record on October 9, 2018, with an ex-dividend date of October 5, 2018.

The annual yield on the dividend is 3 percent.

Fleetwood S. Hassell, President and Chief Executive Officer, stated, "We believe the economy of the Lowcountry is strong, and with the addition of our North Charleston office to open next year, we are excited about the future of The Bank of South Carolina. With recent merger announcements, the number of community banks in our state will shrink to well below 50. We are proud to remain independent – with capital ratios that allow us to, once again, reward our shareholders."

For a dividend history and other dividend-related data on Bank of South Carolina (BKSC) click here.

You May Also Be Interested In

• IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
• T-Mobile (TMUS) and EQT Announce JV to Acquire Lumos
• T-Mobile (TMUS) and EQT Announce JV to Acquire Lumos