Flowers Foods Raises Dividend 3.1% to $0.2475 and Considers Brand Sale
Flowers Foods' board approved a $0.2475 quarterly dividend, up 3.1% from last year, marking its 94th consecutive payout, payable March 20 to shareholders of record March 6, 2026. The company is exploring a divestiture of one of its bread brands to sustain its dividend policy.
1. Quarterly Dividend Declared
Flowers Foods' board of directors approved a quarterly dividend of $0.2475 per share, representing a 3.1% increase year-over-year and marking the company’s 94th consecutive quarterly payout. The dividend will be paid on March 20, 2026, to shareholders of record as of March 6, 2026.
2. Potential Brand Divestiture to Support Payout
Management is evaluating the sale of one of its packaged bread brands to generate proceeds aimed at sustaining its dividend policy. This potential divestiture highlights the company’s focus on preserving shareholder returns while managing capital needs.