BAB, Inc. Announces Cash Distribution
BAB, Inc. (OTCQB: BABB) has announced a quarterly cash distribution of $0.01 per share, payable on October 11, 2024, to shareholders of record as of September 23, 2024. The company notes that for tax purposes, a portion of this distribution and future 2024 distributions may be treated as a return of capital, while the remainder may be considered a dividend. The exact dividend portion will be determined in January 2025, based on the company's fiscal year 2024 earnings ending November 30, 2024. Shareholders will receive tax information returns in early 2025.
BAB, Inc. operates in the food franchise industry, managing brands such as Big Apple Bagels, My Favorite Muffin, SweetDuet, and Brewster's coffee.
BAB, Inc. (OTCQB: BABB) ha annunciato un'importante distribuzione di cassa trimestrale di $0,01 per azione, che sarà pagabile il 11 ottobre 2024, agli azionisti registrati al 23 settembre 2024. L'azienda fa presente che, ai fini fiscali, una parte di questa distribuzione e delle future distribuzioni del 2024 potrebbe essere considerata come un ritorno di capitale, mentre il resto potrebbe essere considerato un dividendo. La parte esatta del dividendo sarà determinata a gennaio 2025, basata sugli utili dell'anno fiscale 2024 dell'azienda che si concluderanno il 30 novembre 2024. Gli azionisti riceveranno informazioni fiscali all'inizio del 2025.
BAB, Inc. opera nel settore delle franchising alimentari, gestendo marchi come Big Apple Bagels, My Favorite Muffin, SweetDuet e il caffè Brewster's.
BAB, Inc. (OTCQB: BABB) ha anunciado una distribución de efectivo trimestral de $0.01 por acción, pagadera el 11 de octubre de 2024, a los accionistas registrados al 23 de septiembre de 2024. La empresa señala que, para fines fiscales, parte de esta distribución y futuras distribuciones de 2024 pueden considerarse como un retorno de capital, mientras que el resto puede considerarse un dividendo. La parte exacta del dividendo se determinará en enero de 2025, en función de las ganancias del año fiscal 2024 de la empresa, que finalizan el 30 de noviembre de 2024. Los accionistas recibirán información fiscal a principios de 2025.
BAB, Inc. opera en la industria de franquicias de alimentos, gestionando marcas como Big Apple Bagels, My Favorite Muffin, SweetDuet y el café de Brewster's.
BAB, Inc. (OTCQB: BABB)는 2024년 10월 11일에 주주에게 지급되는 주당 0.01달러의 분기 현금 배당금을 발표했습니다. 배당금 지급일 기준으로 2024년 9월 23일에 등록된 주주들에게 지급됩니다. 회사는 세금 목적으로 이번 분배와 2024년 이후의 분배 중 일부가 자본 환급으로 처리될 수 있으며, 나머지는 배당금으로 간주될 수 있다고 언급했습니다. 배당금의 정확한 비율은 2025년 1월에 회사의 2024 회계연도 수익에 따라 결정될 것입니다. 주주들은 2025년 초에 세금 관련 정보를 받을 것입니다.
BAB, Inc.는 Big Apple Bagels, My Favorite Muffin, SweetDuet, 그리고 Brewster's 커피와 같은 브랜드를 관리하는 음식 프랜차이즈 산업에서 활동하고 있습니다.
BAB, Inc. (OTCQB: BABB) a annoncé une distribution trimestrielle de liquidités de 0,01 $ par action, qui sera payable le 11 octobre 2024, aux actionnaires enregistrés au 23 septembre 2024. L'entreprise note qu'à des fins fiscales, une partie de cette distribution et des distributions futures de 2024 peuvent être considérées comme un retour de capital, tandis que le reste pourrait être considéré comme un dividende. La portion exacte du dividende sera déterminée en janvier 2025, en fonction des bénéfices de l'exercice fiscal 2024 se terminant le 30 novembre 2024. Les actionnaires recevront des informations fiscales au début de 2025.
BAB, Inc. opère dans l'industrie de la franchise alimentaire, gérant des marques telles que Big Apple Bagels, My Favorite Muffin, SweetDuet et le café Brewster's.
BAB, Inc. (OTCQB: BABB) hat eine quartalsweise Barauszahlung von 0,01 USD pro Aktie angekündigt, die am 11. Oktober 2024 an Aktionäre ausgezahlt wird, die am 23. September 2024 im Aktienregister stehen. Das Unternehmen weist darauf hin, dass ein Teil dieser Auszahlung und zukünftiger Auszahlungen aus dem Jahr 2024 aus steuerlichen Gründen als Kapitalrückzahlung behandelt werden kann, während der Rest als Dividende betrachtet werden kann. Der genaue Dividendenanteil wird im Januar 2025 bestimmt, basierend auf den Erträgen des Unternehmens im Geschäftsjahr 2024, das am 30. November 2024 endet. Die Aktionäre erhalten Anfang 2025 Steuerinformationen.
BAB, Inc. ist in der Lebensmittel-Franchise-Industrie tätig und verwaltet Marken wie Big Apple Bagels, My Favorite Muffin, SweetDuet und Brewster's Kaffee.
- Declared quarterly cash distribution of $0.01 per share
- Consistent dividend policy indicates financial stability
- Low dividend amount of $0.01 per share may not be attractive to income-focused investors
- Uncertainty about the tax treatment of the distribution until 2025
DEERFIELD, Ill., Sept. 06, 2024 (GLOBE NEWSWIRE) -- September 6, 2024 - BAB, Inc. (OTCQB: BABB), today announced that its Board of Directors has declared a quarterly distribution of one cent (
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 October 11, 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, 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.
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