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

This is a rendering of the Rowen Convergence Center, a 10,000-square-foot facility central to the planned Rowen life sciences district in Gwinnett County. (Courtesy of Rowen)

Credit: Courtesy of Rowen

2,000-acre Rowen bioscience campus announces first buildings. Take a look.

After decades of planning and preparation, one of Georgia’s largest economic development projects is about to start construction in earnest.

Delta rents out Mercedes-Benz Stadium for its Centennial Bash

It was the largest event left on the birthday calendar for the Atlanta-based company, which was expecting a 100th year much different from what has come to pass.

Meet the candidates running for seats on state’s powerful utility regulator

From Tuesday through Nov. 4, voters get to choose who serves on the Georgia Public Service Commission for the first time in almost five years.

The Latest

Some owners cite the Subaru Forester's oversized sunroof as one of their favorite features. (Courtesy of Subaru)

Credit: Source: Subaru

Why are Subarus so popular?

OPINION

Is this the Corvette of the future?

OPINION

Mountain weekend ready: Tips, all-wheel drive picks for Blue Ridge getaways

Featured

(Photo Illustration: Philip Robibero / AJC / Source: John Glenn for AJC, File)

Credit: Philip Robibero / AJC

Council president race highlights politics of policing in Atlanta

The race pits an established council member who warns against public safety changes against a progressive who wants a new approach.

Why some Atlantans are saying ‘Hello’ again, or for first time, to landlines

Whether it’s a parent restricting a child’s access to social media or a young adult avoiding doom scrolling, a new generation of landlines is trending.

I-85’s landmark piano in the sky to come down ahead of music shop’s move

This is the sign’s swan song. Cooper Piano in Brookhaven has sold its building on Northeast Expressway and will move its showroom to a smaller space in Chamblee.