Flowers Foods (FLO) Declares $0.16 Quarterly Dividend; 4% Yield

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Flowers Foods Declares Dividend

November 18, 2016 10:15 AM EST

THOMASVILLE, Ga., Nov. 18, 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 57th consecutive quarterly dividend paid by the company and is payable on December 16, 2016 to shareholders of record on December 2, 2016.

"Our board and management team remain confident in the strength of the company's cash flow and financial position, and we recognize the important role dividends play in delivering shareholder value," said Allen L. Shiver, Flowers Foods'... More