Wednesday, June 15, 2016

Recent Buy - Flowers Foods (FLO)

With the markets at high valuations these days it's becoming more and more difficult for me to find value in the stock market. I remember not long ago where I had to pick between several stocks which looked attractively valued but that doesn't seem to be the case these days. I did find one that I liked though and it's one I've already purchased a couple of times this year.

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!

Sure Dividend has a nice article about FLO as well that's worth a look.

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:

FLO Financial Growth

FLO Cash Flow VS Dividend Payout

FLO Dividend Growth

Thursday, June 2, 2016

May 2016 Dividend Income Update

It's time for my May dividend update! This month I squeaked past the $300 mark once again and managed to earn $301.68 in dividend income. I didn't make any major purchases but I did manage to increase my income over last quarter by 3.1% partially due to a few dividend raises. My YOY income growth was 9% as well. My income is listed below.

On a side note, I'm really finding it hard to find value in this market. I see a few names I'm considering for my next purchase but I really don't have anything that I want to buy with any conviction to be honest. Well see what happens.

May Purchases
  • Compass Minerals (CMP) - 14 Shares @ $76.75
May Dividend Increases
  • WGL Holdings (WGL) - From .468 to .488 (+4.2%)
  • General Mills (GIS) - From .44 to .46 (+4.5%)
  • Proctor & Gamble - From .663 to .67 (+1.0%)
  • People's United Financial - From .168 to .17 (+1.1%)
May Dividend Income
  • AT&T (T) - $108.00
  • WGL Holdings (WGL) - $32.18
  • General Mills (GIS) - $35.88
  • Clorox (CLX) - $14.63
  • Realty Income (O) - $19.90
  • Peoples United Financial (PBCT) - $37.91
  • Proctor & Gamble (PG) - $22.76
  • Tompkins Financial (TMP) - $19.80
  • Powershares Muni Bond ETF (PZA) - $10.60
Total Dividends May 2016: - $301.68