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

BayFirst Financial Corp. (NASDAQ:BAFN) announced a quarterly dividend on Thursday, October 24th, Zacks reports. Investors of record on Sunday, December 1st will be paid a dividend of 0.08 per share on Sunday, December 15th. This represents a $0.32 dividend on an annualized basis and a yield of 2.46%. The ex-dividend date is Friday, November 29th.

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

BayFirst Financial Stock Down 0.7 %

Shares of NASDAQ BAFN traded down $0.09 during trading hours on Friday, hitting $13.00. 6,867 shares of the stock were exchanged, compared to its average volume of 8,236. BayFirst Financial has a 12 month low of $9.28 and a 12 month high of $14.50. The firm has a fifty day moving average price of $13.36 and a 200-day moving average price of $12.70. The company has a quick ratio of 0.93, a current ratio of 1.01 and a debt-to-equity ratio of 0.74. The company has a market cap of $53.76 million, a PE ratio of 11.50 and a beta of 0.43.

BayFirst Financial (NASDAQ:BAFN) last announced its earnings results on Thursday, July 25th. The company reported $0.12 earnings per share (EPS) for the quarter. The company had revenue of $20.84 million for the quarter. BayFirst Financial had a return on equity of 6.38% and a net margin of 4.01%.

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.