PR Newswire | Jun 24, 2021 11:41AM EDT

06/24 10:40 CDT

Bank of South Carolina Corporation Declares Dividend CHARLESTON, S.C., June 24, 2021

CHARLESTON, S.C., June 24, 2021 /PRNewswire/ -- Today, the Board of Directors of Bank of South Carolina Corporation, (NASDAQ: BKSC) the parent company for The Bank of South Carolina, declared a quarterly cash dividend of $0.17 per share to shareholders of record July 6, 2021, payable July 30, 2021. This represents the 127th quarterly cash dividend paid to shareholders - representing over 30 years of rewarding our shareholders.

Fleetwood S. Hassell, President and Chief Executive Officer, stated, "Last month we were proud to be recognized by the American Banker magazine in its report on publicly traded banks under $2 billion in assets as the #35 bank in the nation for three-year return on average equity. Only two other South Carolina banks were listed. We are pleased, once again, to declare this quarterly dividend."

About Bank of South Carolina Corporation

The Bank of South Carolina Corporation is the holding company of The Bank of South Carolina ("The Bank"). The Bank is a South Carolina state-chartered bank with offices in Charleston, North Charleston, Summerville, Mt. Pleasant, and the West Ashley community and has been in continuous operation since 1987. Our website is www.banksc.com. Bank of South Carolina Corporation currently trades its common stock on the NASDAQ stock market under the symbol "BKSC".

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SOURCE Bank of South Carolina Corporation