BAB Inc. (BABB) to Issue Quarterly Dividend of $0.01 on October 13th
BAB Inc. (OTCMKTS:BABB) announced a quarterly dividend on Friday, September 8th, Zacks reports. Investors of record on Monday, September 25th will be paid a dividend of 0.01 per share on Friday, October 13th. This represents a $0.04 dividend on an annualized basis and a yield of 5.41%. The ex-dividend date is Friday, September 22nd.
Shares of BAB (BABB) opened at 0.7399 on Friday. BAB has a one year low of $0.53 and a one year high of $0.92. The company has a market capitalization of $5.37 million, a PE ratio of 13.2125 and a beta of 0.04. The company has a 50-day moving average of $0.71 and a 200-day moving average of $0.74.
BAB (OTCMKTS:BABB) last issued its quarterly earnings results on Thursday, July 6th. The company reported $0.02 earnings per share (EPS) for the quarter. BAB had a net margin of 17.81% and a return on equity of 15.26%. The firm had revenue of $0.61 million for the quarter.
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BAB Company Profile
BAB, Inc franchises and licenses bagel and muffin retail units under the Big Apple Bagels (BAB) and My Favorite Muffin (MFM) brands. The Company is also engaged in the sale of its bagels, muffins and coffee through nontraditional channels of distribution. The Company has over 80 franchise units and approximately three licensed units in operation in over 20 states and approximately one international location.
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