Flowers Foods is a company that has been around for decades and will be around for many more assuming they are not purchased by a larger food giant. I do not feel that the legal issues with the drivers will hurt FLO much even if they lose the judgments and they will come back stronger once they put this matter behind them.
Last week I purchased 157 more shares of the US baker Flowers Foods for a total of $2584.34 which is an average of $16.46/share.
Flowers Foods (NYSE: FLO), is a bakery which was opened by the Flowers family in 1919 and is now one of the largest producers of packaged bakery foods in the United States. FLO is the home for some of the largest brands in the business including Wonder, and Natures Own brands and is the second largest bread company in the US.
FLO Stock Chart
FLO Basic Stats
- Ticker Symbol: FLO
- Sector: Consumer Goods
- Yield: 4.2%
- Dividend Growth Streak: 10 years
- Annualized Dividend Growth 3yr: 10.6%
- Payout Ratio: 67%
- P/E Ratio: 15.7 (forward)
- Market cap:$3.15 Billion
- Website: http://www.flowersfoods.com
FLO Financial Growth
FLO Dividend Growth