Bank of South Carolina announces $0.19 quarterly dividend

CHARLESTON, S.C. - The Bank of South Carolina Corporation (OTCQX:BKSC), a state-chartered financial institution, has announced the declaration of a quarterly cash dividend. Shareholders of record as of April 8, 2025, will receive a dividend of $0.19 per share, payable on April 30, 2025. The current dividend yield stands at 5.55%, with an impressive dividend growth of 11.76% over the last twelve months, according to InvestingPro data.

This recent declaration marks the 142nd consecutive quarterly cash dividend distributed to the bank’s shareholders, showcasing the institution’s commitment to providing consistent returns to its investors. InvestingPro analysis reveals the bank has maintained dividend payments for 36 consecutive years, demonstrating remarkable stability. The Bank of South Carolina, known for its range of financial services and community banking presence, operates multiple offices across the region, including Charleston, North Charleston, Summerville, Mt. Pleasant, James Island, and West Ashley.

The Bank of South Carolina has been serving the local community since its inception in 1987 and has established a reputation for stability and continuity. This dividend announcement reflects the bank’s ongoing financial health and its strategy to enhance shareholder value.

Investors and market watchers often view dividend declarations as indicators of a company’s financial stability and outlook. Regular and consistent dividends can attract a certain profile of investors, particularly those seeking regular income streams from their investments. The Bank of South Carolina Corporation’s long history of dividend payments may appeal to this demographic.

The Bank of South Carolina Corporation’s common stock is traded on the OTCQX Best Market, a platform for over-the-counter stocks that demands higher financial standards and greater transparency than other over-the-counter markets. This market tier is designed for established, investor-focused U.S. and international companies.

The information regarding the dividend declaration is based on a press release statement from the Bank of South Carolina Corporation. As with all financial decisions, investors are advised to conduct their own due diligence when considering investment opportunities.

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