Business
Business

Flowers Foods raises dividend more than 14 percent on improved expectations

By Péralte C. Paul
June 4, 2010

Flowers Foods raised its quarterly dividend to 20 cents per share -- a boost of 14.3 percent from the prior dividend -- largely on expectations that the breads and snacks maker continue to do well and improve its performance. The dividend will be payable July 2 to those shareholders on record June 18. Flowers' chairman George E. Deese, said the company remains focused on deploying its cash toward dept reduction, share buybacks and strategic acquisitions.

About the Author

Péralte C. Paul
More Stories

Keep Reading

Travelers pass by TSA security checkpoints at Hartsfield-Jackson Atlanta International Airport on Monday, Nov. 10, 2025. The airport had hundreds of flight cancellations over the weekend as the ongoing government shutdown continues to disrupt the aviation industry nationwide. (Miguel Martinez/AJC)

Credit: Miguel Martinez-Jimenez

Travel back to ‘normal’ this weekend if government reopens, Delta CEO says

Delta Air Lines CEO Ed Bastian also told CNBC that Thanksgiving’s busy travel season should also be fine. “Bookings look good.”

Norfolk Southern sale puts major Atlanta philanthropic force in question

For metro Atlanta philanthropic causes that enjoy Norfolk Southern's support, there are unanswered questions about how committed the company will be after it is acquired.

How Home Depot’s newest AI tool could give it an edge with pro contractors

The Vinings-based home improvement retailer said Wednesday it has launched a new tool that creates a complete materials list and quote for a single-family project.

The Latest

Older model used vehicles for sale at an independent dealership in Chattanooga, Tennessee, on Nov. 11, 2023. Photo courtesy of Chris Hardesty.

Credit: Special

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

OPINION

Saying goodbye to the Porsche 718 Cayman — for now

Featured

Lt. Gov. Burt Jones — pictured at an August rally in Peachtree City that also featured Vice President JD Vance — appears to have scored another legal victory over gubernatorial rival Attorney General Chris Carr in their battle over campaign finance issues. (Arvin Temkar/AJC 2025)

Credit: Arvin Temkar / AJC

Lt. Gov. Burt Jones scores another victory over use of campaign cash

Lt. Gov. Burt Jones appears to have scored another victory over Attorney General Chris Carr as the Republican gubernatorial candidates battle over campaign finance issues.

Falcons QB Michael Penix Jr.’s season is over; needs surgery to repair ACL

Michael Penix Jr., whom the Falcons hoped was their quarterback of the future, will undergo season-ending surgery to repair a partially torn ACL in his left knee.

Typewriter Tom fuels a growing interest in analog writing devices

Roswell's Tom Rehkopf owns about 1,000 typewriters, which he tinkers with at his workshop and happily shares with fellow aficionados, curious youngsters and even Tom Hanks.