Thursday, May 25, 2017

Dividend Increase – Flowers Foods, Inc. (FLO)


Today the Board of Directors of Flowers Foods, Inc. announced a quarterly dividend increase of from $ 0.16 to $ 0.17 per share that’s payable June 23, 2017 to holders of record June 9, 2017. This represents a 6.3% increase to regular quarterly dividends. With current price $ 18.74 (todays open), this raise brings their dividend yield to 3.63%.

Since I own 185 shares of FLO, this will increase my portfolio's projected annual net dividend income by $ 5.51.

That increase rises my YOC to 4.44%.

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Thanks for stopping by!

3 comments:

  1. Yup love it got a nice little raise also. Every little raise helps

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  2. II was a bit surprised with the size of the raise. Love it. Hopefully they can grow their earnings and get the payout ratio to shrink a bit from here.

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  3. Hawk -

    Congrats on the increase!!

    -Lanny

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