Flowers Foods, Inc. (NYSE:FLO) will begin trading ex-dividend on November 25, 2020. The quarterly dividend payment of $ 0.20 per share is scheduled to be paid on December 11, 2020. The dividend yield based on the latest trading day closing price was 3.57 percent. Shareholders who purchased FLO shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Flowers Foods, Inc. recently reported third quarter financial results on November 5, 2020, after market close, the Thomasville based company unveiled income for the third quarter of $ 0.29 per share, from the revenue of $ 989.65 million. The quarterly earnings boosted 31.82 percent while revenues hiked 2.39 percent compared with the same quarter last year.
Street analysts expected Flowers Foods, Inc. recently reported third quarter financial results on November 5, 2020, after market close, the Thomasville based company to report income of $ 0.26 per share on revenue of $ 982.53 million for the third quarter. The bottom line results beat street analysts by $ 0.03 or 11.54 percent, at the same time, top line results outshined analysts by $ 7.12 million or 0.72 percent.
Stock Performance
Shares of Flowers Foods, Inc. traded up $ 0.27 or 1.22 percent on Thursday, reaching $ 22.43 with volume of 1.13 million shares. Flowers Foods, Inc. has traded high as $ 22.55 and has cracked $ 21.96 on the downward trend
According to the previous trading day, closing price of $ 22.43, representing a 27.21 % increase from the 52 week low of $ 17.42 and a 11.99 % decrease over the 52 week high of $ 25.18.
The company has a market capital of $ 4.75 billion and is part of the Consumer Defensive sector and Packaged Foods industry.
Flowers Foods, Inc. produces and markets bakery products in the United States. The company operates through two segments, Direct-Store-Delivery and Warehouse Delivery.
