Bank of South Carolina Corporation Declares Increased Dividend

Bank of South Carolina (OTCQX: BKSC) declared a quarterly cash dividend of $0.25 per share, payable July 31, 2026, to shareholders of record July 7, 2026.

Rhea-AI Summary

Bank of South Carolina (OTCQX: BKSC) declared a quarterly cash dividend of $0.25 per share, payable July 31, 2026, to shareholders of record July 7, 2026.

The dividend was increased by $0.02 per share (9%), reaching a forward annualized dividend of $1.00 and marking the 147th quarterly cash dividend.

Positive

• Quarterly dividend raised to $0.25 per share, up $0.02 or 9%
• Forward annualized dividend reaches $1.00 per share
• 147th consecutive quarterly cash dividend declared

Negative

• None.

Argus Jun 25 session

+1.24% close to close Open Argus

Details

News Market Reaction – BKSC

On Jun 25, the day this news came out, BKSC closed 1.24% above the previous close.

Data tracked by StockTitan Argus for the Jun 25 session.

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CHARLESTON, S.C., June 25, 2026 /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 $0.25 per share to shareholders of record July 7, 2026, payable July 31, 2026. This represents the 147^th quarterly cash dividend paid to shareholders.

Eugene H. Walpole, IV, President and Chief Executive Officer, stated, "We are pleased to announce another increase in our quarterly cash dividend, raising it by $0.02 per share, or 9%, from the prior quarter. Reaching a forward annualized cash dividend of $1.00 per share represents a meaningful milestone in our history and reflects the strength of our earnings, capital, and long-term commitment to delivering 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".

View original content to download multimedia:https://www.prnewswire.com/news-releases/bank-of-south-carolina-corporation-declares-increased-dividend-302809645.html

SOURCE Bank of South Carolina

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What dividend did Bank of South Carolina (OTCQX: BKSC) declare on June 25, 2026?

Bank of South Carolina declared a quarterly cash dividend of $0.25 per share. According to Bank of South Carolina, the dividend is payable July 31, 2026, to shareholders of record on July 7, 2026.

How much did Bank of South Carolina (BKSC) increase its quarterly dividend in June 2026?

Bank of South Carolina increased its quarterly dividend by $0.02 per share, or 9%. According to Bank of South Carolina, this raise brings the quarterly dividend to $0.25 per share and supports a forward annualized dividend of $1.00 per share.

When is the record date and payment date for the BKSC July 2026 dividend?

The record date is July 7, 2026, and the payment date is July 31, 2026. According to Bank of South Carolina, shareholders on record by July 7 will receive the $0.25 per share dividend at the end of July.

What is the forward annualized dividend for Bank of South Carolina (BKSC) after the June 2026 increase?

The forward annualized dividend is now $1.00 per share. According to Bank of South Carolina, this level reflects the board’s confidence in the company’s earnings power, capital position, and long-term focus on delivering shareholder value.

How long has Bank of South Carolina been paying quarterly dividends to BKSC shareholders?

Bank of South Carolina’s June 2026 declaration represents its 147th quarterly cash dividend. According to Bank of South Carolina, this continued series of payouts highlights a longstanding history of returning cash to shareholders through regular dividends.

What does the BKSC dividend increase suggest for Bank of South Carolina shareholders?

The dividend increase suggests continued confidence in earnings and capital strength. According to Bank of South Carolina, raising the quarterly payout to $0.25 and annualizing at $1.00 per share reflects its long-term commitment to delivering value to shareholders.