BAB (OTCMKTS:BABB) Releases Quarterly Earnings Results

BAB (OTCMKTS:BABB) posted its quarterly earnings results on Wednesday. The company reported $0.02 earnings per share for the quarter, reports. BAB had a return on equity of 17.10% and a net margin of 14.78%. The firm had revenue of $0.88 million for the quarter.

BAB Stock Performance

BAB stock opened at $0.80 on Friday. The stock has a fifty day moving average price of $0.77 and a 200 day moving average price of $0.76. BAB has a 52 week low of $0.67 and a 52 week high of $0.89.

BAB Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Investors of record on Monday, June 24th will be paid a $0.01 dividend. The ex-dividend date of this dividend is Monday, June 24th. This represents a $0.04 annualized dividend and a yield of 5.00%. BAB’s payout ratio is currently 57.15%.

About BAB

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.