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

Flowers Foods, Inc. (NYSE:FLO) announced 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) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Friday, September 11th.

Flowers Foods has increased its dividend payment by an average of 0.0%per year over the last three years and has raised 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 Stock Up 0.9%

Shares of Flowers Foods stock opened at $6.33 on Wednesday. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.77 and a quick ratio of 0.57. The stock has a market cap of $1.34 billion, a price-to-earnings ratio of 24.33 and a beta of 0.39. The firm’s 50-day moving average is $7.56 and its two-hundred day moving average is $8.04. Flowers Foods has a 1 year low of $6.10 and a 1 year high of $15.02.

Flowers Foods (NYSE:FLO) last posted its quarterly earnings results on Thursday, August 20th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.22 by ($0.01). Flowers Foods had a net margin of 1.06% and a return on equity of 14.91%. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the firm posted $0.28 EPS. The company’s revenue for the quarter 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. As a group, research analysts expect that Flowers Foods will post 0.79 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Flowers Foods

Hedge funds and other institutional investors have recently bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new stake in Flowers Foods in the second quarter valued at approximately $121,000. NewEdge Advisors LLC grew its holdings in Flowers Foods by 3,225.7% in the second quarter. NewEdge Advisors LLC now owns 60,328 shares of the company’s stock worth $477,000 after purchasing an additional 58,514 shares during the last quarter. IFP Advisors Inc increased its position in shares of Flowers Foods by 232.5% during the second quarter. IFP Advisors Inc now owns 4,319 shares of the company’s stock worth $34,000 after purchasing an additional 3,020 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of Flowers Foods by 35.6% during the second quarter. Baird Financial Group Inc. now owns 117,012 shares of the company’s stock worth $924,000 after purchasing an additional 30,699 shares in the last quarter. Finally, Nykredit A S acquired a new position in shares of Flowers Foods during the second quarter worth $30,000. Hedge funds and other institutional investors own 75.45% of the company’s stock.

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.