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

BayFirst Financial Corp. (NASDAQ:BAFN) announced a quarterly dividend on Tuesday, July 23rd, Zacks reports. Shareholders of record on Sunday, September 1st will be given a dividend of 0.08 per share on Sunday, September 15th. This represents a $0.32 annualized dividend and a yield of 2.37%. The ex-dividend date of this dividend is Friday, August 30th.

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

BayFirst Financial Stock Down 3.4 %

BayFirst Financial stock traded down $0.48 during trading hours on Wednesday, hitting $13.50. 7,989 shares of the stock traded hands, compared to its average volume of 8,725. The company has a current ratio of 0.98, a quick ratio of 0.90 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average price is $12.63 and its two-hundred day moving average price is $12.54. BayFirst Financial has a one year low of $8.88 and a one year high of $14.87. The company has a market cap of $55.82 million, a PE ratio of 11.95 and a beta of 0.42.

BayFirst Financial (NASDAQ:BAFN) last issued its quarterly earnings results on Thursday, July 25th. The company reported $0.12 EPS for the quarter. BayFirst Financial had a return on equity of 6.39% and a net margin of 4.01%. The firm had revenue of $20.84 million for 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.