CoastalSouth Bancshares, Inc. (COSO) to Issue Quarterly Dividend of $0.05 on August 27th

CoastalSouth Bancshares, Inc. (NYSE:COSO) announced a quarterly dividend on Monday, July 20th. Shareholders of record on Thursday, August 13th will be paid a dividend of 0.05 per share on Thursday, August 27th. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 13th.

CoastalSouth Bancshares Trading Down 0.4%

COSO opened at $26.60 on Wednesday. CoastalSouth Bancshares has a 1-year low of $19.24 and a 1-year high of $28.02. The company has a market capitalization of $320.29 million and a PE ratio of 11.98. The firm’s 50 day simple moving average is $26.30 and its two-hundred day simple moving average is $25.21.

CoastalSouth Bancshares (NYSE:COSO) last issued its quarterly earnings data on Monday, July 20th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.02). The business had revenue of $22.87 million for the quarter. CoastalSouth Bancshares had a net margin of 19.59% and a return on equity of 10.69%. Equities analysts forecast that CoastalSouth Bancshares will post 2.42 earnings per share for the current fiscal year.

About CoastalSouth Bancshares

CoastalSouth Bancshares, Inc is a bank holding company headquartered in Atlanta, Georgia. Through our wholly owned subsidiary, Coastal States Bank, a South Carolina state-chartered commercial bank, we offer a full range of banking products and services designed for businesses, real estate professionals, and consumers looking for a deep and meaningful relationship with their bank. Today, we have a community banking presence in some of the fastest growing and most business-friendly markets in the U.S., namely the Lowcountry of South Carolina (Hilton Head Island, Bluffton, and Beaufort), nearby Savannah, Georgia, and the Atlanta, Georgia market.