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BAB, Inc. Announces Cash Distribution

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BAB, Inc. (OTCQB: BABB) has announced a total cash distribution of $0.03 per share, comprising a quarterly distribution of $0.01 and a special distribution of $0.02. The distribution will be paid on January 9, 2025 to shareholders of record as of December 23, 2024.

The company notes that for tax purposes, a portion of this distribution and potential future 2025 distributions may be treated as a return of capital, while the remaining portion may be classified as a dividend. The final determination of the dividend portion for the January 2025 distribution will be communicated to shareholders via tax information returns in early 2026.

BAB, Inc. (OTCQB: BABB) ha annunciato una distribuzione totale in contante di 0,03 $ per azione, composta da una distribuzione trimestrale di 0,01 $ e da una distribuzione speciale di 0,02 $. La distribuzione sarà pagata il 9 gennaio 2025 agli azionisti registrati il 23 dicembre 2024.

L'azienda fa notare che, ai fini fiscali, una parte di questa distribuzione e delle potenziali distribuzioni future del 2025 potrebbe essere considerata come un rimborso di capitale, mentre la restante parte potrebbe essere classificata come dividendo. La determinazione finale della parte del dividendo per la distribuzione di gennaio 2025 sarà comunicata agli azionisti tramite le dichiarazioni fiscali all'inizio del 2026.

BAB, Inc. (OTCQB: BABB) ha anunciado una distribución total en efectivo de $0.03 por acción, que comprende una distribución trimestral de $0.01 y una distribución especial de $0.02. La distribución se pagará el 9 de enero de 2025 a los accionistas registrados hasta el 23 de diciembre de 2024.

La compañía señala que, a efectos fiscales, una parte de esta distribución y de las posibles distribuciones futuras de 2025 puede ser tratada como un reembolso de capital, mientras que la parte restante puede clasificarse como dividendo. La determinación final de la parte del dividendo para la distribución de enero de 2025 será comunicada a los accionistas a través de declaraciones de información fiscal a principios de 2026.

BAB, Inc. (OTCQB: BABB)주당 $0.03의 총 현금 배당을 발표했습니다. 이는 분기 배당금 $0.01과 특별 배당금 $0.02로 구성됩니다. 이번 배당금은 2025년 1월 9일2024년 12월 23일 기준 주주에게 지급될 예정입니다.

회사는 세금 목적을 위해, 이번 배당금의 일부와 향후 2025년 배당금이 자본금 환급으로 취급될 수 있으며, 나머지 부분은 배당금으로 분류될 수 있음을 알립니다. 2025년 1월 배당금 부분의 최종 결정은 2026년 초에 세금 정보 신고서를 통해 주주에게 전달될 것입니다.

BAB, Inc. (OTCQB: BABB) a annoncé une distribution totale en espèces de 0,03 $ par action, comprenant une distribution trimestrielle de 0,01 $ et une distribution spéciale de 0,02 $. La distribution sera versée le 9 janvier 2025 aux actionnaires enregistrés au 23 décembre 2024.

L'entreprise note qu'à des fins fiscales, une partie de cette distribution et des distributions potentielles futures de 2025 peuvent être considérées comme un remboursement de capital, tandis que la partie restante peut être classée comme dividende. La détermination finale de la part de dividende pour la distribution de janvier 2025 sera communiquée aux actionnaires via des déclarations fiscales au début de 2026.

BAB, Inc. (OTCQB: BABB) hat eine Gesamtauszahlung in bar von 0,03 $ pro Aktie angekündigt, die sich aus einer vierteljährlichen Auszahlung von 0,01 $ und einer Sonderauszahlung von 0,02 $ zusammensetzt. Die Auszahlung erfolgt am 9. Januar 2025 an die zum 23. Dezember 2024 eingetragenen Aktionäre.

Das Unternehmen weist darauf hin, dass ein Teil dieser Auszahlung und möglicher zukünftiger Auszahlungen für 2025 steuerlich als Rückzahlung des Kapitals behandelt werden kann, während der verbleibende Teil als Dividende klassifiziert werden kann. Die endgültige Feststellung des Dividendenanteils für die Auszahlung im Januar 2025 wird den Aktionären Anfang 2026 über Steuerinformationen mitgeteilt.

Positive
  • Declared total cash distribution of $0.03 per share
  • Special distribution of $0.02 per share included in total distribution
Negative
  • None.

DEERFIELD, Ill., Dec. 04, 2024 (GLOBE NEWSWIRE) -- BAB, Inc. (OTCQB: BABB), today announced that its Board of Directors has declared a distribution of three cents ($0.03) per share, consisting of a quarterly distribution of one cent ($0.01) per share and a special distribution of two cents ($.02) per share, payable on January 9, 2025 to shareholders of record as of December 23, 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 2025 (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 January 9, 2025 Distribution that will be treated as a dividend will not be determined until January 2026, as that portion is dependent upon the Company’s earnings for tax purposes for its fiscal year ending November 30, 2025. The final determination will be reported to recipients of the Distributions on a tax information return in early 2026.

BAB, Inc. franchises and licenses Big Apple Bagels®, My Favorite Muffin®, SweetDuet® and Brewster’s® coffee. The Company’s stock is traded on the OTCQB under the symbol BABB and its web site can be visited at www.babcorp.com.

Certain statements in this press release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “forecast,” “estimate,” “project,” “intend,” “expect,” “should,” “would,” “believe” and similar expressions and all statements which are not historical facts are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the company’s actual results, performance (financial or operating), or achievements to differ from the future results, performance (financial or operating), or achievements expressed or implied by such forward-looking statements. The above factors are more fully discussed in the company’s SEC filings.



FAQ

What is the amount of BAB Inc's (BABB) latest cash distribution announced for December 2024?

BAB Inc. announced a total cash distribution of $0.03 per share, consisting of a $0.01 quarterly distribution and a $0.02 special distribution.

When will BAB Inc's (BABB) December 2024 announced distribution be paid?

The distribution will be paid on January 9, 2025, to shareholders of record as of December 23, 2024.

How will BAB Inc's (BABB) January 2025 distribution be treated for tax purposes?

The distribution may be partially treated as a return of capital and partially as a dividend. The final determination will be reported to shareholders via tax information returns in early 2026.

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6.25M
4.82M
33.67%
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Packaged Foods
Consumer Defensive
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United States of America
Deerfield