BAB (OTCMKTS:BABB) Issues Quarterly Earnings Results

BAB (OTCMKTS:BABB) issued its earnings results on Wednesday. The company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. BAB had a return on equity of 16.39% and a net margin of 14.84%.

BAB Price Performance

Shares of OTCMKTS BABB traded up $0.01 during trading on Wednesday, hitting $0.82. 8,274 shares of the company were exchanged, compared to its average volume of 11,700. BAB has a 1 year low of $0.71 and a 1 year high of $1.04. The company has a market cap of $5.92 million, a price-to-earnings ratio of 13.59 and a beta of 0.01. The firm’s fifty day moving average price is $0.86 and its 200 day moving average price is $0.83.

BAB Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 24th will be issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date of this dividend is Monday, March 24th. BAB’s dividend payout ratio (DPR) is currently 66.67%.

BAB Company Profile

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.