BAB (OTCMKTS:BABB) Posts Quarterly Earnings Results

BAB (OTCMKTS:BABB) announced its earnings results on Tuesday. The company reported $0.01 EPS for the quarter, Zacks reports. BAB had a net margin of 15.28% and a return on equity of 16.96%.

BAB Price Performance

Shares of BAB stock traded down $0.02 on Tuesday, reaching $0.86. 28,906 shares of the company traded hands, compared to its average volume of 14,329. The company has a 50 day moving average of $0.87 and a 200 day moving average of $0.82. BAB has a 52 week low of $0.67 and a 52 week high of $1.04. The firm has a market capitalization of $6.26 million, a PE ratio of 12.32 and a beta of 0.03.

BAB Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 9th. Investors of record on Monday, December 23rd were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 9.28%. The ex-dividend date was Monday, December 23rd. This is an increase from BAB’s previous quarterly dividend of $0.01. BAB’s dividend payout ratio (DPR) is 57.15%.

BAB Company Profile

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.