Nov. 18, 2010
/PRNewswire-FirstCall/ -- The Board of Directors of Bank of South Carolina Corporation, (Nasdaq: BKSC) the parent Company for The Bank of
, declared a
per share quarterly dividend payable
December 17, 2010
to shareholders of record as of
November 30, 2010
. Hugh C. Lane, Jr., President and Chief Executive Officer of The Bank of
, stated, "We thought that it was important to declare and pay this quarterly dividend in 2010 due to the possibility of changes in the current tax rates and the impact it would have on our shareholders. We are pleased that we have been able to share the success of the Company with our shareholders through our quarterly dividends and our 10% stock dividend declared in August."
In addition Mr. Lane announced that for the seventieth consecutive quarter, The Bank of
received a five star rating from Bauer Financial.
The Bank of
, a De Novo Charter, which opened in 1987 at 256 Meeting Street, has offices in
, and the West Ashley community. Our website is
. Bank of South Carolina Corporation currently trades its common stock on the NASDAQ stock market under the symbol "BKSC".
SOURCE Bank of South Carolina Corporation