The quarterly dividend will be raised from to $0.1325 per share. Flower Foods (FLO) also announced a 7.1 million share buyback plan.
Flowers Foods, Inc. is a producer and marketer of packaged bakery products. The Company operates in two segments: direct-store-delivery segment and warehouse delivery segment. Among the company's top brands are Nature's Own, Wonder, Tastykake, and Dave's Killer Bread.