BayFirst Financial Corp. Announces Quarterly Dividend of $0.08 (NASDAQ:BAFN)

BayFirst Financial Corp. (NASDAQ:BAFN) declared a quarterly dividend on Thursday, April 25th, Zacks reports. Investors of record on Saturday, June 1st will be given a dividend of 0.08 per share on Saturday, June 15th. This represents a $0.32 annualized dividend and a dividend yield of 2.48%. The ex-dividend date is Friday, May 31st.

BayFirst Financial has increased its dividend by an average of 6.3% annually over the last three years.

BayFirst Financial Stock Performance

Shares of BAFN traded up $0.10 during trading hours on Friday, hitting $12.90. The stock had a trading volume of 2,907 shares, compared to its average volume of 6,079. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.89 and a current ratio of 0.98. The firm has a 50-day moving average price of $12.82 and a 200 day moving average price of $11.91. BayFirst Financial has a fifty-two week low of $8.88 and a fifty-two week high of $15.00. The firm has a market capitalization of $53.28 million, a price-to-earnings ratio of 11.42 and a beta of 0.48.

BayFirst Financial (NASDAQ:BAFN) last posted its earnings results on Thursday, January 25th. The company reported $0.32 earnings per share (EPS) for the quarter. BayFirst Financial had a net margin of 4.52% and a return on equity of 7.12%. The firm had revenue of $23.57 million during the quarter.

About BayFirst Financial

BayFirst Financial Corp. operates as the bank holding company for BayFirst National Bank that provides community banking services for businesses and individuals. The company offers checking, savings, NOW, and money market deposit accounts, as well as certificates of deposit and individual retirement account; and safety deposit boxes.