BAB (OTCMKTS:BABB) Posts 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 return on equity of 16.96% and a net margin of 15.28%.

BAB Price Performance

Shares of OTCMKTS:BABB traded down $0.02 during midday trading on Tuesday, hitting $0.86. The company had a trading volume of 28,906 shares, compared to its average volume of 14,329. BAB has a twelve month low of $0.67 and a twelve month high of $1.04. The stock has a market cap of $6.26 million, a price-to-earnings ratio of 12.32 and a beta of 0.03. The business’s 50-day simple moving average is $0.87 and its 200-day simple moving average is $0.82.

BAB Increases Dividend

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