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Dividends: Bank Of South Carolina To Pay 10 Cents Per Share

June 28, 2010 (FinancialWire) — The board of Bank of South Carolina Corp., (NASDAQ: BKSC) has declared a $.10 per share quarterly dividend, payable July 30 to shareholders of record as of July 9. Hugh C. Lane, Jr., CEO of The Bank of South Carolina, said, "We feel good about our performance and the decisions we have made in this difficult and volatile environment. “

He added that his firm was, “well positioned for the recovery and for what the 'new normal' will be in the future."

South Carolina-based Bank of South Carolina Corp. is the parent of The Bank of South Carolina, which has offices in Summerville, Mt. Pleasant, and the West Ashley community.  

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