Flowers Foods (FLO) Raises Quarterly Dividend 10.3% to $0.16; 3.5% Yield

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Go back to Flowers Foods (FLO) Raises Quarterly Dividend 10.3% to $0.16; 3.5% Yield

Flowers Foods Increases Quarterly Dividend

May 26, 2016 9:01 AM EDT

THOMASVILLE, Ga., May 26, 2016 /PRNewswire/ -- Flowers Foods (NYSE: FLO) today announced that its board of directors has declared a quarterly dividend of $0.16 per share, an increase of 10.3% over the same quarter last year. This is the 55th consecutive quarterly dividend paid by the company and is payable on June 23, 2016 to shareholders of record on June 9, 2016. This action increases the annualized dividend rate to $0.64 per share from $0.58 per share at this time last year.

"This dividend increase demonstrates the confidence our board and management team have in the strength of... More