BAB, Inc. Announces Cash Distribution
BAB INC (BABB)
NASDAQ:AMEX Investor Relations:
babcorp.com/investors/default.htm
Company Research
Source: GlobeNewswire
DEERFIELD, Ill., March 06, 2024 (GLOBE NEWSWIRE) -- BAB, Inc. (OTCQB: BABB), today announced that its Board of Directors has declared a quarterly distribution of one cent ($0.01) per share, payable on April 12, 2024 to shareholders of record as of March 21, 2024. The Company believes it is possible for tax purposes, a portion of this distribution and any future distributions that the Board may declare in 2024 (collectively, the “Distributions”) may be treated as a return of capital to shareholders to the extent of each shareholder’s basis, while the remaining portion of the Distributions may be treated as a dividend. The portion of the April 12, 2024 Distribution that will be treated as a dividend will not be determined until January 2025, as that portion is dependent upon the Company’s earnings for tax purposes for its fiscal year ending November 30, 2024. The final determination will be reported to recipients of the Distributions on a tax information return in early 2025. BAB,
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BABB
News
- BAB, Inc. Reports Results for 1st Quarter FY 2024 [Yahoo! Finance]Yahoo! Finance
- BAB, Inc. Reports Results for 1st Quarter FY 2024GlobeNewswire
- BAB, Inc. Reports Year-ended 11/30/23 Results [Yahoo! Finance]Yahoo! Finance
- BAB, Inc. Reports Year-ended 11/30/23 ResultsGlobeNewswire
BABB
Sec Filings
- 4/12/24 - Form 10-Q
- 2/26/24 - Form 10-K
- BABB's page on the SEC website