Flowers Foods, Inc. (FLO) To Go Ex-Dividend on September 11th

Flowers Foods, Inc. (NYSE:FLO) declared a quarterly dividend on Friday, August 28th. Investors of record on Friday, September 11th will be given a dividend of 0.125 per share on Friday, September 25th. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Friday, September 11th.

Flowers Foods has raised its dividend payment 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 $0.85 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 58.8%.

Flowers Foods Price Performance

Shares of FLO opened at $7.11 on Friday. The company has a current ratio of 0.77, a quick ratio of 0.57 and a debt-to-equity ratio of 0.97. The company’s fifty day simple moving average is $7.73 and its 200 day simple moving average is $8.27. Flowers Foods has a 1-year low of $6.80 and a 1-year high of $15.14. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 27.35 and a beta of 0.40.

Flowers Foods (NYSE:FLO) last announced its quarterly earnings results on Thursday, August 20th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01). Flowers Foods had a net margin of 1.06% and a return on equity of 14.91%. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the business earned $0.28 EPS. The business’s revenue was down 4.0% compared to the same quarter last year. Flowers Foods has set its FY 2026 guidance at 0.750-0.850 EPS. On average, research analysts forecast that Flowers Foods will post 0.79 earnings per share for the current fiscal 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.