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Bank of South Carolina Corporation Declares Increased Dividend

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Bank of South Carolina Corporation (OTCQX: BKSC) has announced an increased quarterly cash dividend of $0.21 per share, payable July 31, 2025, to shareholders of record July 8, 2025. This marks the company's 143rd quarterly cash dividend and represents an 11% increase of $0.02 per share from the previous dividend.

The dividend increase demonstrates the bank's strong financial position, with CEO Eugene H. Walpole, IV highlighting that dividends have grown by 23% over the past nine months. The increase reflects the company's commitment to disciplined capital management and delivering long-term shareholder value.

Bank of South Carolina Corporation (OTCQX: BKSC) ha annunciato un aumento del dividendo trimestrale in contanti a 0,21 USD per azione, pagabile il 31 luglio 2025 agli azionisti registrati al 8 luglio 2025. Questo rappresenta il 143° dividendo trimestrale in contanti della società e un aumento dell'11%, pari a 0,02 USD per azione rispetto al dividendo precedente.

L'incremento del dividendo evidenzia la solida posizione finanziaria della banca, con il CEO Eugene H. Walpole, IV che sottolinea come i dividendi siano cresciuti del 23% negli ultimi nove mesi. Questo aumento riflette l'impegno dell'azienda nella gestione disciplinata del capitale e nella creazione di valore a lungo termine per gli azionisti.

Bank of South Carolina Corporation (OTCQX: BKSC) ha anunciado un aumento en el dividendo trimestral en efectivo de $0.21 por acción, pagadero el 31 de julio de 2025 a los accionistas registrados al 8 de julio de 2025. Este es el 143º dividendo trimestral en efectivo de la compañía y representa un incremento del 11%, equivalente a $0.02 por acción respecto al dividendo anterior.

El aumento del dividendo demuestra la sólida posición financiera del banco, con el CEO Eugene H. Walpole, IV destacando que los dividendos han crecido un 23% en los últimos nueve meses. Este incremento refleja el compromiso de la empresa con una gestión disciplinada del capital y la entrega de valor a largo plazo para los accionistas.

Bank of South Carolina Corporation (OTCQX: BKSC)는 주당 0.21달러의 분기별 현금 배당금을 인상하여 2025년 7월 31일에 지급할 예정이며, 2025년 7월 8일 기준 주주들에게 지급됩니다. 이는 회사의 143번째 분기별 현금 배당금으로, 이전 배당금보다 주당 0.02달러, 11% 증가한 금액입니다.

이번 배당금 인상은 은행의 견고한 재무 상태를 보여주며, CEO Eugene H. Walpole, IV는 지난 9개월 동안 배당금이 23% 증가했다고 강조했습니다. 이번 증가는 회사의 엄격한 자본 관리와 장기적인 주주 가치 제공에 대한 의지를 반영합니다.

Bank of South Carolina Corporation (OTCQX: BKSC) a annoncé une augmentation de son dividende trimestriel en espèces à 0,21 $ par action, payable le 31 juillet 2025 aux actionnaires inscrits au 8 juillet 2025. Il s'agit du 143e dividende trimestriel en espèces de la société, représentant une hausse de 11 %, soit 0,02 $ par action, par rapport au dividende précédent.

Cette augmentation du dividende témoigne de la solidité financière de la banque, le PDG Eugene H. Walpole, IV, soulignant que les dividendes ont augmenté de 23 % au cours des neuf derniers mois. Cette hausse reflète l'engagement de l'entreprise envers une gestion rigoureuse du capital et la création de valeur à long terme pour les actionnaires.

Bank of South Carolina Corporation (OTCQX: BKSC) hat eine Erhöhung der vierteljährlichen Bardividende auf 0,21 USD pro Aktie angekündigt, zahlbar am 31. Juli 2025 an die am 8. Juli 2025 eingetragenen Aktionäre. Dies ist die 143. vierteljährliche Bardividende des Unternehmens und stellt eine 11%ige Erhöhung von 0,02 USD pro Aktie gegenüber der vorherigen Dividende dar.

Die Dividendenerhöhung zeigt die starke finanzielle Lage der Bank, wobei CEO Eugene H. Walpole, IV hervorhebt, dass die Dividenden in den letzten neun Monaten um 23% gewachsen sind. Die Erhöhung spiegelt das Engagement des Unternehmens für eine disziplinierte Kapitalverwaltung und die Schaffung langfristigen Aktionärswerts wider.

Positive
  • Quarterly dividend increased by 11% to $0.21 per share
  • 23% total dividend increase over past nine months
  • Strong earnings and capital position supporting dividend growth
  • Consistent dividend payment history with 143 quarterly payments
Negative
  • None.

CHARLESTON, S.C., June 26, 2025 /PRNewswire/ -- Today, the Board of Directors of Bank of South Carolina Corporation, (OTCQX: BKSC) the parent company for The Bank of South Carolina, declared a quarterly cash dividend of $0.21 per share to shareholders of record July 8, 2025, payable July 31, 2025. This represents the 143rd quarterly cash dividend paid to shareholders.

Eugene H. Walpole, IV, President and Chief Executive Officer, stated, "The strength of our earnings and capital support this 11% increase of $0.02 per share in the quarterly cash dividend, which we've now increased by 23% over the past nine months. Furthermore, this action reflects our disciplined capital management and unwavering commitment to delivering sustained, long-term value to our shareholders."

About Bank of South Carolina Corporation

The Bank of South Carolina Corporation is the holding company of The Bank of South Carolina ("The Bank"). The Bank is a South Carolina state-chartered financial institution with offices in Charleston, North Charleston, Summerville, Mt. Pleasant, James Island, and the West Ashley community and has been in continuous operation since 1987. Our website is www.banksc.com. Bank of South Carolina Corporation currently trades its common stock on the OTCQX® Best Market under the symbol "BKSC".

Image (PRNewsfoto/Bank of South Carolina Corporation)

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SOURCE BANK OF SOUTH CAROLINA

FAQ

What is Bank of South Carolina's (BKSC) new quarterly dividend amount?

Bank of South Carolina announced a quarterly dividend of $0.21 per share, representing an 11% increase from the previous dividend.

When will BKSC's new dividend be paid?

The dividend will be paid on July 31, 2025 to shareholders of record as of July 8, 2025.

How much has BKSC increased its dividend in the past 9 months?

BKSC has increased its dividend by 23% over the past nine months, demonstrating strong commitment to shareholder returns.

How many consecutive quarterly dividends has BKSC paid?

Bank of South Carolina Corporation has paid 143 quarterly cash dividends to shareholders, showing a consistent history of shareholder distributions.

What is the percentage increase in BKSC's quarterly dividend?

BKSC increased its quarterly dividend by 11%, representing a $0.02 per share increase from the previous dividend payment.
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