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0.0017621145374449 0.00110132158590302 -0.00308370044052865 -0.000881057268722605 -0.00176211453744505 -0.0044052863436124 0.000881057268722448 0.00154185022026417
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 21, 2020 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Tastykake, and other bakery foods, today announced that its board of directors has declared a quarterly dividend of $0.20 per share, an increase of 5.3% over the same quarter last year. This is the 71st consecutive quarterly dividend paid by the company and is payable on June 19, 2020 to shareholders of record on June 5, 2020. This action increases the annualized dividend rate to $0.80 per share from $0.76 per share at this time last year."This dividend increase reflects the board's conviction in Flowers' ability to generate consistent results over time and throughout the business cycle," said Ryals McMullian, Flowers Foods president and CEO. "We will continue to allocate cash flow with a focus on maximizing return on invested capital and growing shareholder value. The dividend represents one piece of our capital allocation strategy, which also include Show less Read more
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