BAB (OTCMKTS:BABB) Issues Earnings Results

BAB (OTCMKTS:BABB) posted its quarterly earnings results on Wednesday. The company reported $0.02 earnings per share for the quarter, Zacks reports. BAB had a net margin of 14.84% and a return on equity of 16.39%.

BAB Stock Performance

Shares of BAB stock traded up $0.01 during midday trading on Wednesday, reaching $0.82. 8,274 shares of the company’s stock traded hands, compared to its average volume of 11,700. The stock has a 50 day moving average of $0.86 and a 200-day moving average of $0.83. BAB has a 12 month low of $0.71 and a 12 month high of $1.04. The company has a market cap of $5.92 million, a PE ratio of 13.59 and a beta of 0.01.

BAB Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 14th. Investors of record on Monday, March 24th will be issued a dividend of $0.01 per share. The ex-dividend date is Monday, March 24th. This represents a $0.04 dividend on an annualized basis and a yield of 4.90%. BAB’s dividend payout ratio is presently 66.67%.

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.