8-K

Form 8-K

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Date of Report

November 27, 2007

BAB, Inc.

(Name of small business issuer in its charter)

Delaware	0-31555	36-4389547
(State or other jurisdiction of incorporation or organization)	Commission file number	(I.R.S. Employer Identification Number)

500 Lake Cook Road, Suite 475, Deerfield, IL 60015

(Address of principal executive offices) (Zip Code)

Issuer's telephone number (847) 948-7520

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

On November 26, 2007, the Board of Directors of BAB, Inc. authorized a $0.02 per share quarterly cash dividend and a special dividend of $0.02 per share, for a total of $0.04 per share. The dividend is payable January 4, 2008 to shareholders of record as of December 20, 2007.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits

The following exhibit is furnished with this report on Form 8-K.

99.1    Press release dated November 26, 2007

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		BAB, Inc.
		(Registrant)
	By:	/s/ Michael W. Evans
		Michael W. Evans, Chief Executive Officer
Date: November 27, 2007

Index to Exhibits

Exhibit Number	Description
99.1	Press release dated November 26, 2007

EX-99.1

BAB, Inc. Announces Dividend

Deerfield, IL – November 26, 2007 - BAB, Inc. (OTCBB: BABB), today announced that its Board of Directors has declared its regular quarterly cash dividend of $0.02 per share and a special dividend of $0.02 per share, for a total of $0.04 per share, payable on January 4, 2008 to shareholders of record as of December 20, 2007.

BAB, Inc. operates, franchises, and licenses Big Apple Bagels ®, My Favorite Muffin ®, Jacobs Bros. Bagels ®, and Brewster’s ® Coffee.  The Company’s stock is traded on the OTCBB 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.

Contact:	BAB, Inc.
	Michael K. Murtaugh
	Phone: (847) 948-7520  Fax: (847) 405-8140
	www.babcorp.com