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

BayFirst Financial Corp. (NASDAQ:BAFN) announced a quarterly dividend on Friday, January 31st,Wall Street Journal reports. Shareholders 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 annualized dividend and a yield of 2.08%. The ex-dividend date is Friday, February 28th.

BayFirst Financial has raised its dividend by an average of 5.0% per year over the last three years.

BayFirst Financial Price Performance

Shares of BAFN stock opened at $15.38 on Friday. The firm has a market capitalization of $63.57 million, a price-to-earnings ratio of 21.07 and a beta of 0.40. BayFirst Financial has a 12-month low of $10.40 and a 12-month high of $17.50. The company has a quick ratio of 0.91, a current ratio of 0.98 and a debt-to-equity ratio of 0.21. The firm has a fifty day moving average of $13.63 and a 200-day moving average of $13.40.

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

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.