Sat Sep 21 11:40:43 UTC 2024: ## BAB, Inc. Announces Quarterly Dividend of $0.01 Per Share

**[City, State] – September 21, 2024** – BAB, Inc. (OTCMKTS:BABB), the company that franchises and licenses bagel and muffin retail units under the Big Apple Bagels, My Favorite Muffin, and SweetDuet brands, has declared a quarterly dividend of $0.01 per share, payable on October 11th to shareholders of record as of September 23rd. This represents an annualized dividend of $0.04, translating to a dividend yield of 5.00%.

The ex-dividend date is also September 23rd.

BAB’s stock opened at $0.80 on Friday, with a 12-month low of $0.67 and a 12-month high of $0.90. The company boasts a market cap of $5.80 million, a price-to-earnings ratio of 11.42, and a beta of 0.03. BAB’s 50-day moving average price stands at $0.80, while its 200-day moving average price sits at $0.79.

In its most recent earnings report on July 3rd, BAB reported $0.02 EPS for the quarter. The company also exhibited a return on equity of 17.45% and a net margin of 15.23%, achieving a revenue of $0.88 million during the quarter.

BAB, Inc. continues to expand its presence in the United States with its popular bagel and muffin franchises. The company’s commitment to providing high-quality products and excellent customer service is reflected in its recent financial performance and the declaration of a quarterly dividend.

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