Flowers Foods, Inc. (NYSE:FLO) will begin trading ex-dividend on August 27, 2020. The quarterly dividend payment of $ 0.20 per share is scheduled to be paid on September 11, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on August 27, 2020.
Dividends History
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Recent Earnings Announcement
Flowers Foods, Inc. came out with income for the second quarter of $ 0.33 per share, from the revenue of $ 1,026.00 million. The quarterly earnings enlarged 32.00 percent while revenues boosted 5.15 percent compared with the same quarter last year.
According to street consensus, FLO was expected to report 2Q20 income of $ 0.28 per share from revenue of $ 1018.42 million. The bottom line results beat street analysts by $ 0.05 or 17.86 percent, at the same time, top line results outshined analysts by $ 7.58 million or 0.74 percent.
Stock Performance
Shares of Flowers Foods, Inc. traded high $ 0.23 or 0.93 percent on Monday, reaching $ 24.88 with volume of 533.80 thousand shares. Flowers Foods, Inc. has traded high as $ 24.98 and has cracked $ 24.54 on the downward trend
According to the previous trading day, closing price of $ 24.88, representing a 41.50 % increase from the 52 week low of $ 17.42 and a 2.1 % decrease over the 52 week high of $ 25.18.
The company has a market capital of $ 5.26 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.
