BayFirst Financial Corp. (NASDAQ:BAFN) Announces Quarterly Dividend of $0.08

BayFirst Financial Corp. (NASDAQ:BAFN) announced a quarterly dividend on Friday, January 31st,Wall Street Journal reports. Shareholders of record on Saturday, March 1st will be given a dividend of 0.08 per share on Saturday, March 15th. This represents a $0.32 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date of this dividend is Friday, February 28th.

BayFirst Financial has increased its dividend payment by an average of 5.0% annually over the last three years.

BayFirst Financial Price Performance

Shares of BayFirst Financial stock traded up $0.08 during trading on Friday, hitting $15.38. 11,279 shares of the stock traded hands, compared to its average volume of 6,014. The firm’s fifty day moving average is $13.58 and its 200-day moving average is $13.38. The stock has a market cap of $63.52 million, a price-to-earnings ratio of 21.07 and a beta of 0.40. BayFirst Financial has a 52 week low of $10.40 and a 52 week high of $17.50. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of 0.21.

BayFirst Financial (NASDAQ:BAFN) last announced its quarterly earnings data on Thursday, January 30th. The company reported $2.11 earnings per share for the quarter. BayFirst Financial had a net margin of 3.38% and a return on equity of 5.34%.

About BayFirst Financial

BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes.