Flowers Foods (FLO) Declares $0.145 Quarterly Dividend; 3.6% Yield

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Flowers Foods Declares Dividend

February 19, 2016 9:45 AM EST

THOMASVILLE, Ga., Feb. 19, 2016 /PRNewswire/ -- The board of directors of Flowers Foods (NYSE: FLO) today announced a quarterly dividend of $0.145 per share, an increase of 9.4% over the same quarter last year. This is the 54th consecutive quarterly dividend paid by the company and is payable on March 18, 2016, to shareholders of record on March 4, 2016.

President and CEO Allen Shiver said, "Flowers Foods continues to execute on a growth strategy that is generating significant cash from our operations, having increased operating cash flow by approximately 20% since 2013. In addition to... More