Flowers Foods (FLO) Raises Quarterly Dividend 10.4% to $0.1325; 2.7% Yield
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Flowers Foods (FLO) Boosts Annual Dividend; Adds 7.1M Common to Buyback
November 21, 2014 10:11 AM ESTFlowers Foods (NYSE: FLO) announced a $0.05 increase in the annual dividend rate, which raises the rate from $0.48 to $0.53 per share, a 10.4% increase. The dividend is paid quarterly at the new rate of $0.1325 per share and the next payment is on December 19, 2014 to shareholders of record on December 5, 2014.
The board reviews its dividend policy and considers the dividend rate each quarter, including at its annual meeting of shareholders. The previous dividend increase, which raised the annual dividend rate from... More
