Bank of South Carolina Corporation Declares Dividend

Rhea-AI Summary

The Board of Directors of Bank of South Carolina (BKSC) has declared its 141st quarterly cash dividend. Shareholders will receive $0.19 per share, with the record date set for December 31, 2024, and payment scheduled for January 31, 2025. The company, which operates as the parent company of The Bank of South Carolina, continues its consistent dividend payment track record.

Positive

• Consistent dividend payment history (141st quarterly dividend)
• Maintained quarterly dividend at $0.19 per share
• Strong commitment to shareholder returns

Negative

• None.

News Market Reaction – BKSC

+1.08%

+1.08% Session move

In the trading session that priced this news, BKSC gained 1.08%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CHARLESTON, S.C., Dec. 19, 2024 /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 $0.19 per share to shareholders of record December 31, 2024, payable January 31, 2025. This represents the 141^st quarterly cash dividend paid to 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".

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SOURCE BANK OF SOUTH CAROLINA

FAQ

What is the amount of BKSC's latest quarterly dividend for Q1 2025?

Bank of South Carolina (BKSC) declared a quarterly dividend of $0.19 per share.

When is the payment date for BKSC's latest dividend?

The dividend will be paid on January 31, 2025.

What is the record date for BKSC's Q1 2025 dividend?

The record date for the dividend is December 31, 2024.

How many consecutive quarterly dividends has BKSC paid?

This represents BKSC's 141st quarterly cash dividend paid to shareholders.

What is the annual dividend yield for BKSC based on the quarterly payment?

Based on the quarterly dividend of $0.19, the annual dividend payment would be $0.76 per share.