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

BayFirst Financial Corp. (NASDAQ:BAFN) declared a quarterly dividend on Friday, January 31st,Wall Street Journal reports. Investors of record on Saturday, March 1st will be given a dividend of 0.08 per share on Saturday, March 15th. This represents a $0.32 dividend on an annualized basis and a yield of 2.08%. 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 Up 0.5 %

Shares of NASDAQ:BAFN traded up $0.08 during trading on Friday, hitting $15.38. The stock had a trading volume of 11,279 shares, compared to its average volume of 6,014. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of 0.21. BayFirst Financial has a 12 month low of $10.40 and a 12 month high of $17.50. The company has a market capitalization of $63.52 million, a PE ratio of 21.07 and a beta of 0.40. The firm’s fifty day moving average is $13.58 and its 200 day moving average is $13.38.

BayFirst Financial (NASDAQ:BAFN) last issued its quarterly earnings results on Thursday, January 30th. The company reported $2.11 earnings per share (EPS) for the quarter. BayFirst Financial had a net margin of 3.38% and a return on equity of 5.34%.

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.