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Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit. The company offers secured and unsecured commercial loans, commercial real estate construction loans, consumer construction loans, home equity lines of credit, and mortgage originations, as well as paycheck protection program loans. It operates five banking house locations. The company was founded in 1986 and is headquartered in Charleston, South Carolina.

Bank of South Carolina Dividend Announcement

Bank of South Carolina announced a quarterly dividend of $0.19 per ordinary share which will be made payable on 2024-10-31. Ex dividend date: 2024-10-08
Bank of South Carolina annual dividend for 2024 was $0.70
Bank of South Carolina annual dividend for 2023 was $0.51
Bank of South Carolina's trailing twelve-month (TTM) dividend yield is 6.79%
Bank of South Carolina's payout ratio for the trailing twelve months (TTM) is 14.99%
Bank of South Carolina's dividend growth over the last five years (2018-2023) was -1.50% year
Bank of South Carolina's dividend growth over the last ten years (2013-2023) was 0.20% year

Bank of South Carolina Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-08$0.19quarterly2024-10-31
2024-07-08$0.17quarterly2024-07-31
2024-04-08$0.17quarterly2024-04-30
2024-01-02$0.17quarterly2024-01-31
2023-10-06$0.17quarterly2023-10-31
2023-06-30$0.17quarterly2023-07-31
2023-04-03$0.17quarterly2023-04-28
2022-12-23$0.17quarterly2023-01-31
2022-10-03$0.17quarterly2022-10-31
2022-07-05$0.17quarterly2022-07-29
2022-03-31$0.17quarterly2022-04-29
2021-12-27$0.17quarterly2022-01-31
2021-10-04$0.17quarterly2021-10-29
2021-07-02$0.17quarterly2021-07-30
2021-04-05$0.27quarterly2021-04-30
2020-12-28$0.17quarterly2021-01-29
2020-10-02$0.17quarterly2020-10-30
2020-07-06$0.16quarterly2020-07-31
2020-04-03$0.16quarterly2020-04-30
2019-12-31$0.16quarterly2020-01-31
2019-10-04$0.26quarterly2019-10-31
2019-07-08$0.16quarterly2019-07-31
2019-04-05$0.16quarterly2019-04-30
2019-01-08$0.15quarterly2019-01-31
2018-10-05$0.25quarterly2018-10-31
2018-07-06$0.15quarterly2018-07-31
2018-03-29$0.15quarterly2018-04-30
2017-12-29$0.15quarterly2018-01-31
2017-10-06$0.15quarterly2017-10-31
2017-06-29$0.14quarterly2017-07-31
2017-03-31$0.14quarterly2017-04-28
2016-12-28$0.14quarterly2017-01-31
2016-09-29$0.14quarterly2016-10-31
2016-06-30$0.13quarterly2016-07-29
2016-04-06$0.13quarterly2016-04-29
2015-12-28$0.13quarterly2016-01-29
2015-10-01$0.13quarterly2015-10-30
2015-07-01$0.12quarterly2015-07-31
2015-04-02$0.13quarterly2015-04-30
2014-12-26$0.13quarterly2015-01-30
2014-10-06$0.25quarterly2014-10-31
2014-07-02$0.13quarterly2014-07-31
2014-04-04$0.13quarterly2014-04-30
2013-12-26$0.13quarterly2014-01-31
2013-10-03$0.13quarterly2013-10-31
2013-07-03$0.12quarterly2013-07-31
2013-04-04$0.12quarterly2013-04-30

Bank of South Carolina Dividend per year

Bank of South Carolina Dividend growth

Bank of South Carolina Dividend Yield

Bank of South Carolina current trailing twelve-month (TTM) dividend yield is 6.79%. Interested in purchasing Bank of South Carolina stock? Use our calculator to estimate your expected dividend yield:

Bank of South Carolina Financial Ratios

P/E ratio11.36
PEG ratio2.61
P/B ratio1.35
ROE12.84%
Payout ratio14.99%
Current ratio0.04
Quick ratio0.04
Cash Ratio0.00

Bank of South Carolina Dividend FAQ

How much is the next Bank of South Carolina dividend?
Bank of South Carolina's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Bank of South Carolina dividend. The next Bank of South Carolina dividend will be released in April, June, or October.
When is Bank of South Carolina dividend paid?
Bank of South Carolina pays dividends on a quarterly basis. The specific dates may vary each year but are generally around April, June, and October. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Bank of South Carolina pay?
The specific amount of Bank of South Carolina dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of South Carolina's dividend history.
Does Bank of South Carolina stock pay dividends?
Yes, Bank of South Carolina does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Bank of South Carolina's dividend history.
How much dividend does Bank of South Carolina pay?
Bank of South Carolina paid $0.7 in 2024, $0.51 in 2023, $0.68 in 2022, $0.78 in 2021, and $0.66 in 2020.
How often does Bank of South Carolina pay dividends?
Bank of South Carolina typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around April, June, and October.
What is Bank of South Carolina's dividend yield?
The current dividend yield for Bank of South Carolina is 6.79%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Bank of South Carolina's exact dividend yield.
When does Bank of South Carolina go ex dividend?
Bank of South Carolina's ex-dividend date for the latest dividend was on 2024-10-08. Bank of South Carolina typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Bank of South Carolina dividend paid?
Bank of South Carolina pays dividends on a quarterly basis, typically around April, June, or October, but the exact dates can vary each year.
Will Bank of South Carolina increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Bank of South Carolina will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Bank of South Carolina dividend per share?
Bank of South Carolina paid $0.7 per share in 2024 and $0.51 per share in 2023. The amount of dividend per share that Bank of South Carolina pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Bank of South Carolina a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Bank of South Carolina a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Bank of South Carolina a dividend stock?
Yes, Bank of South Carolina is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Bank of South Carolina a good dividend stock?
Whether Bank of South Carolina is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Bank of South Carolina has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Bank of South Carolina as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Bank of South Carolina pay dividends monthly?
Bank of South Carolina typically pays dividends on a quarterly basis.
Does Bank of South Carolina pay dividends quarterly?
Bank of South Carolina currently pays dividends on a quarterly basis.
Has Bank of South Carolina ever paid a dividend?
Yes, Bank of South Carolina has a history of paying dividends to its shareholders. Bank of South Carolina is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Bank of South Carolina dividend stocks?
To buy Bank of South Carolina you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Bank of South Carolina stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Bank of South Carolina pay dividends 2024?
Bank of South Carolina pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Bank of South Carolina increase its dividend in 2024?
Decisions regarding Bank of South Carolina dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Bank of South Carolina dividend overview you can look into the above table of dividend history.
How Bank of South Carolina dividend works?
The Bank of South Carolina dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Bank of South Carolina's dividend process works:

1. Determination of Dividend: Bank of South Carolina's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Bank of South Carolina publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Bank of South Carolina distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Bank of South Carolina are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Bank of South Carolina dividends paid?
Bank of South Carolina dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Bank of South Carolina sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Bank of South Carolina distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Bank of South Carolina declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Bank of South Carolina pay dividends?
Bank of South Carolina typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Bank of South Carolina pay dividends?
The general pattern is that Bank of South Carolina pays dividends around April, June, and October. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Bank of South Carolina dividend safe?
The safety of Bank of South Carolina's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Bank of South Carolina's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Bank of South Carolina's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.