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Stock impact report

Flowers Foods Increases Quarterly Dividend

Flowers Foods, Inc. (FLO) 
Last flowers foods, inc. earnings: 2/5 04:50 pm Check Earnings Report
Company Research Source: PR Newswire
THOMASVILLE, Ga., May 23, 2019 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Wonder, Dave's Killer Bread, Tastykake and other bakery foods, today announced that its board of directors has declared a quarterly dividend of $0.19 per share, an increase of 5.6% over the same quarter last year. This is the 67th consecutive quarterly dividend paid by the company and is payable on June 21, 2019 to shareholders of record on June 7, 2019. This action increases the annualized dividend rate to $0.76 per share from $0.72 per share at this time last year."The board and management team believe Flowers Foods is well positioned to grow profitably with its leading bakery brands," said George E. Deese, chairman of the board. "Our company's strong cash flow is a powerful advantage and supports both strategic investments and a growing dividend. The board is confident the company's strategic priorities to profitably grow brands, aggressively manage costs, invest in product adj Show less Read more
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