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

BayFirst Financial Corp. (NASDAQ:BAFN) announced a quarterly dividend on Thursday, April 25th, Zacks reports. Shareholders of record on Saturday, June 1st will be paid 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 increased its dividend payment by an average of 6.3% per year over the last three years.

BayFirst Financial Stock Up 0.8 %

NASDAQ BAFN 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. BayFirst Financial has a fifty-two week low of $8.88 and a fifty-two week high of $15.00. The company has a market cap of $53.28 million, a PE ratio of 11.42 and a beta of 0.48. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.98 and a quick ratio of 0.89. The business’s 50 day simple moving average is $12.82 and its 200-day simple moving average is $11.91.

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

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.