#United States #Charleston #quarterly dividend #Bank of South Carolina #BKSC

Bank of South Carolina Corporation Declares Dividend

In a recent announcement, the Board of Directors of the Bank of South Carolina Corporation, trading under the OTCQX symbol BKSC, reported the declaration of a quarterly cash dividend of $0.19 per share. This dividend is set for shareholders of record as of December 31, 2024, with a payment date scheduled for January 31, 2025. This marks a significant milestone as it represents the 141st quarterly cash dividend paid to its shareholders since the bank's inception.

The Bank of South Carolina Corporation serves as the parent company for The Bank of South Carolina, a well-established financial institution with roots in Charleston, South Carolina. Founded in 1987, the bank operates multiple locations spanning Charleston, North Charleston, Summerville, Mt. Pleasant, James Island, and the West Ashley community. This extensive presence contributes to the firm's ability to cater to a wide range of clients, delivering personalized banking services and financial solutions to meet their needs.

The recent dividend declaration underscores the company's solid financial performance and commitment to returning value to its shareholders. This ongoing practice of paying dividends showcases the bank's stability and ongoing efforts to reward its investors, even amidst fluctuating economic conditions. Investors often see dividends as a sign of a company’s health and viability, contributing to their decision-making processes regarding investment in the firm's stock.

As of today, the Bank of South Carolina Corporation continues trading on the OTCQX Best Market, allowing for greater visibility and accessibility for potential investors looking to engage with the bank. The institution's ongoing commitment to transparency in its operations, paired with its history of consistent dividend payments, positions it as a reliable entity within the financial services sector.

For those interested in more insights about the Bank of South Carolina Corporation and its services, a comprehensive overview can be found on their official website at www.banksc.com. Here, visitors can explore various banking products, services, and the corporation's broader impact within the economic landscape of South Carolina.

In conclusion, the declaration of the $0.19 cash dividend exemplifies the Bank of South Carolina Corporation's dedication to its shareholders while maintaining strong operational fundamentals in today's competitive banking environment. Stakeholders and potential investors will continue to watch this organization closely as it navigates future opportunities and challenges in the financial market, all while bolstering shareholder confidence through its longstanding commitment to regular dividends.