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

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 yield of 2.48%. The ex-dividend date is Friday, May 31st.

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

BayFirst Financial Trading Up 0.8 %

BayFirst Financial stock traded up $0.10 during trading on Friday, hitting $12.90. The company’s stock had a trading volume of 2,907 shares, compared to its average volume of 6,079. The stock has a market capitalization of $53.28 million, a price-to-earnings ratio of 11.42 and a beta of 0.48. The stock’s fifty day moving average is $12.82 and its 200 day moving average is $11.91. BayFirst Financial has a 1-year low of $8.88 and a 1-year high of $15.00. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.89 and a current ratio of 0.98.

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

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.