Flowers Foods Declares Quarterly Dividend Increase for May 2025

On May 22, 2025, Flowers Foods, Inc. (NYSE: FLO), a leading name in the packaged bakery industry, announced a notable enhancement of its quarterly dividend. The company’s board of directors declared a dividend of $0.2475 per share, representing a 3.1% increase compared to the same period last year. This marks the 91st consecutive quarter that Flowers Foods has distributed dividends to its shareholders, demonstrating the firm’s strong commitment to returning value to its investors.

The upcoming dividend payment is scheduled for June 19, 2025, and will be allocated to shareholders of record as of June 5, 2025. This adjustment elevates the annualized dividend rate from $0.96 to $0.99 per share, further underscoring the company’s robust cash flow generation and operational success.

Ryals McMullian, the chairman and CEO of Flowers Foods, commented on this announcement, highlighting that the company has a well-established reputation for increasing dividend payouts, which is primarily driven by its effective cash flow management. McMullian stated, "Today’s announcement reflects the board's confidence in Flowers' strategy and ability to enhance shareholder value over time."

Flowers Foods operates a diverse range of bakeries throughout the United States, producing an extensive array of popular bakery products. Some of its top brands include Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake. The company recorded impressive sales figures of $5.1 billion in 2024, confirming its stature as one of the largest players in the bakery market.

Investors typically pay close attention to dividend announcements as they serve as a barometer for a company's financial health and management's confidence in future growth prospects. In this light, Flowers Foods’ recent dividend increase is a positive indicator, suggesting that the firm is not only weathering economic pressures but also thriving within the competitive landscape of the bakery food industry.

Beyond the dividend news, Flowers Foods is also dedicated to innovation and expanding its product lines to meet evolving consumer preferences. The company has committed resources to develop healthier bakery options as consumer trends shift toward wellness and nutrition-focused products. The acquisition of brands like Simple Mills is a strategic move to diversify and broaden its product offerings in the food market.

As Flowers Foods gears up for the upcoming dividend distribution, investors and analysts alike will be eager to observe how the company continues to navigate market challenges while upholding its promise of delivering consistent value to shareholders. The confidence expressed through the dividend increase paints a picture of an organization that not only anticipates growth but is strategically positioned to realize its objectives in the years ahead. This results in optimism surrounding Flowers Foods' future performance in both the baking sector and its financial dealings.

For further details about Flowers Foods’ quarterly results and future plans, stakeholders and interested parties can visit the company's official website at www.flowersfoods.com.

Topics Financial Services & Investing)

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