BAB, Inc. (OTCMKTS:BABB) Increases Dividend to $0.02 Per Share

BAB, Inc. (OTCMKTS:BABB) declared a quarterly dividend on Wednesday, December 4th,NASDAQ Dividends reports. Shareholders of record on Monday, December 23rd will be given a dividend of 0.02 per share on Thursday, January 9th. This represents a $0.08 annualized dividend and a yield of 9.22%. The ex-dividend date of this dividend is Monday, December 23rd. This is a boost from BAB’s previous quarterly dividend of $0.01.

BAB Trading Up 2.1 %

Shares of OTCMKTS:BABB traded up $0.02 during trading on Thursday, reaching $0.87. 29,119 shares of the company traded hands, compared to its average volume of 5,334. The firm has a fifty day simple moving average of $0.80 and a 200 day simple moving average of $0.80. BAB has a 1-year low of $0.67 and a 1-year high of $0.90.

BAB (OTCMKTS:BABB) last issued its earnings results on Friday, October 4th. The company reported $0.02 EPS for the quarter. BAB had a return on equity of 16.96% and a net margin of 15.28%. The firm had revenue of $0.87 million for the quarter.

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.