Flowers Foods, Inc Declares Quarterly Dividend, Payable on March 18, 2022
February 18, 2022 at 09:00 am EST
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Flowers Foods, Inc. announced that its board of directors has declared a quarterly dividend of $0.21 per share, an increase of 5% over the same quarter last year. This is the 78th consecutive quarterly dividend paid by the company and is payable on March 18, 2022, to shareholders of record on March 4, 2022.
Flowers Foods, Inc. is a producer and marketer of packaged bakery foods in the United States. The Company's products include breads, buns, rolls, snack items, bagels, English muffins, and tortillas and are sold under a variety of brand names, including Nature's Own, Dave's Killer Bread (DKB), Wonder, Canyon Bakehouse, Tastykake, and Mrs. Freshley's. Its fresh baked foods customers include mass merchandisers, supermarkets and other retailers, restaurants, quick-serve chains, food wholesalers, institutions, dollar stores and vending companies. It supplies national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries with breads and rolls. It sells packaged bakery products to wholesale distributors for ultimate sale to food outlets. It sells packaged snack cakes primarily to customers who distribute them nationwide through multiple channels of distribution, including mass merchandisers, supermarkets, vending outlets and convenience stores.