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
Keep Reading
The Latest
Featured
