BAB, Inc. (BABB) to Issue Quarterly Dividend of $0.02 on January 9th

BAB, Inc. (OTCMKTS:BABB) announced a quarterly dividend on Wednesday, December 4th,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.02 per share on Thursday, January 9th. This represents a $0.08 annualized dividend and a dividend yield of 8.99%. The ex-dividend date is Monday, December 23rd. This is an increase from BAB’s previous quarterly dividend of $0.01.

BAB Stock Down 0.4 %

Shares of OTCMKTS:BABB opened at $0.89 on Friday. The business has a 50 day moving average price of $0.82 and a 200 day moving average price of $0.80. The company has a market cap of $6.46 million, a price-to-earnings ratio of 12.72 and a beta of 0.03. BAB has a twelve month low of $0.67 and a twelve month high of $0.97.

BAB (OTCMKTS:BABB) last announced its quarterly earnings data on Friday, October 4th. The company reported $0.02 earnings per share for the quarter. BAB had a return on equity of 16.96% and a net margin of 15.28%. The company had revenue of $0.87 million for the quarter.

About BAB

BAB, Inc franchises and licenses bagel and muffin retail units under the Big Apple Bagels (BAB), My Favorite Muffin (MFM), and SweetDuet (SD) trade names in the United States. It's BAB franchised brand includes daily baked bagels, flavored cream cheeses, premium coffees, gourmet bagel sandwiches, and other related products; and MFM brand comprises various freshly baked muffins and coffees, as well as units operating as My Favorite Muffin Your All Day Bakery Café features specialty bagel sandwiches and related products.