Early this week I purchased 64 more shares of the US baker Flowers Foods for a total of $1184.
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.
Flower Foods just announced another dividend increase of 10.3% and is expected to grow EPS by double digits again this year. I am bit bummed that I missed the ex-div date by less than a week though!
FLO Stock Chart
FLO Basic Stats
- Ticker Symbol: FLO
- Sector: Consumer Goods
- Yield: 3.46%
- Dividend Growth Streak: 10 years
- Annualized Dividend Growth 3yr: 10.6%
- Payout Ratio: 66%
- P/E Ratio: 16.6 (forward)
- Market cap:$3.75 Billion
- Website: http://www.flowersfoods.com
FLO Financial Growth