#United States #Dividend #Charleston #Bank of South Carolina #BKSC

Bank of South Carolina Corporation Declares Dividend

On March 27, 2025, the Board of Directors at Bank of South Carolina Corporation (OTCQX: BKSC) announced an exciting update for its shareholders. The company, which serves as the parent entity for The Bank of South Carolina, declared a quarterly cash dividend of $0.19 per share. This payment will be due to shareholders recorded as of April 8, 2025, with the funds being distributed on April 30, 2025. This announcement marks an impressive milestone, making it the 142nd consecutive quarterly cash dividend issued to its investors.

Understanding the Dividend Declaration

The decision to issue dividends is not one taken lightly; it serves as a direct indicator of a company's financial health and its commitment to providing returns to its shareholders. Dividends are part of the profit-sharing process, allowing shareholders to receive a portion of the company's earnings. In this instance, the $0.19 per share declaration reflects the bank's ongoing profitability and stability within a competitive financial market.

For investors, especially those who consider consistent income streams from dividends as part of their investment strategy, this announcement is a positive sign. It offers assurance that the company is in a position to both generate profit and allocate funds back to its investors, fostering a sense of trust and stability.

About Bank of South Carolina Corporation

Established in 1987, Bank of South Carolina Corporation is a state-chartered banking institution based in Charleston, South Carolina. The bank operates multiple branches across various locations including North Charleston, Summerville, Mt. Pleasant, James Island, and the West Ashley community. The institution's long-standing presence in the region underscores its reliability and expertise in financial services.

The Bank of South Carolina prides itself on a strong relationship with its community, offering a variety of banking services designed to meet the evolving needs of its customers. Its growth and adaptability in this fast-paced economic landscape speak to the institution's well-established reputation.

Currently, The Bank of South Carolina trades its stock on the OTCQX® Best Market under the ticker symbol 'BKSC', inviting investors and stakeholders to closely monitor its performance.

Looking Ahead

As April approaches, shareholder excitement builds around the upcoming dividend distribution. Investors will find solace in the consistent performance of the bank, reinforcing their confidence in this institution as a sound investment. Such regular dividends not only enhance shareholder value but also attract potential investors looking for dependable dividend-paying stocks.

In conclusion, the declaration of a quarterly cash dividend reflects the Bank of South Carolina Corporation's ongoing dedication to rewarding shareholders and underlines its robust financial position. As the bank prepares for the April dividend payouts, the financial community will undoubtedly keep a close eye on its operations and future growth trajectories.

For more information about the Bank of South Carolina Corporation, interested parties can visit their official website: www.banksc.com.

Stay tuned for further updates as the company continues to shape its narrative in the financial sector and further strengthen its ties with the community it serves.