Flowers Foods, Inc. (FLO) to Issue Quarterly Dividend of $0.13 on June 26th

Flowers Foods, Inc. (NYSE:FLO) announced a quarterly dividend on Thursday, May 21st. Investors of record on Friday, June 12th will be given a dividend of 0.125 per share on Friday, June 26th. This represents a c) annualized dividend and a yield of 6.5%. The ex-dividend date is Friday, June 12th.

Flowers Foods has raised its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 24 years. Flowers Foods has a dividend payout ratio of 44.2% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Flowers Foods to earn $0.92 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 54.3%.

Flowers Foods Trading Up 2.0%

NYSE FLO opened at $7.64 on Wednesday. The business has a 50 day simple moving average of $8.08 and a 200 day simple moving average of $9.55. Flowers Foods has a one year low of $6.80 and a one year high of $16.95. The stock has a market capitalization of $1.62 billion, a P/E ratio of 21.83 and a beta of 0.40. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.77 and a quick ratio of 0.57.

Flowers Foods (NYSE:FLO) last released its earnings results on Thursday, May 21st. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. Flowers Foods had a return on equity of 15.98% and a net margin of 1.38%.The business had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter last year, the firm posted $0.35 earnings per share. The firm’s revenue was up 1.1% on a year-over-year basis. Flowers Foods has set its FY 2026 guidance at 0.800-0.900 EPS. Research analysts expect that Flowers Foods will post 0.87 earnings per share for the current year.

Flowers Foods Company Profile

Flowers Foods, Inc is one of the largest producers of packaged bakery foods in the United States, offering a variety of fresh bread, buns, rolls, snack cakes and tortillas. Headquartered in Thomasville, Georgia, the company operates an extensive network of bakeries and distribution centers that serve retail grocery chains, convenience stores, mass merchandisers and foodservice customers nationwide. Flowers Foods markets its products under well-known brands such as Nature’s Own, Wonder, Dave’s Killer Bread, Mrs.