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

BayFirst Financial Corp. (NASDAQ:BAFN) declared a quarterly dividend on Tuesday, January 28th, Wall Street Journal reports. Stockholders of record on Saturday, March 1st will be paid a dividend of 0.08 per share on Saturday, March 15th. This represents a $0.32 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Friday, February 28th.

BayFirst Financial has increased its dividend payment by an average of 5.0% annually over the last three years.

BayFirst Financial Stock Performance

Shares of BAFN stock opened at $18.95 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.91 and a current ratio of 0.98. The firm has a market capitalization of $78.26 million, a price-to-earnings ratio of 7.52 and a beta of 0.43. BayFirst Financial has a one year low of $10.40 and a one year high of $19.21. The company has a 50 day moving average price of $15.00 and a 200 day moving average price of $13.91.

BayFirst Financial (NASDAQ:BAFN) last issued its earnings results on Thursday, January 30th. The company reported $2.11 earnings per share for the quarter. BayFirst Financial had a return on equity of 14.81% and a net margin of 8.80%.

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.