The Bank of South Carolina’s parent company today approved a quarterly cash dividend of 12 cents a share.
It is payable April 30 to shareholders of record as of April 8.
The stock is trading at $12. giving the payout a yield of 4 percent on an annual basis.
“We are pleased with our 2013 performance to date and proud to be able to continue rewarding our shareholders,” said Fleetwood S. Hassell, president and CEO of the Charleston-based bank. “We remain dedicated to the fundamentals of our business with emphasis on relationship banking, conservative lending principles and community involvement.”
The bank has four offices, in downtown Charleston, Mount Pleasant, Summerville and West Ashley.
Notice about comments:
The Post and Courier is pleased to offer readers the enhanced ability to comment on stories. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We ask that you refrain from profanity, hate speech, personal comments and remarks that are off point.