Flowers Foods, Inc. (FLO) Dividend History
Income profile from 1987 to 2026 with payout safety and yield-on-cost trend
FLO Dividend Income Check
Safety
2.5% payout ratio with sustainable safety profile.
Consistency
23 straight years of dividend increases.
Income Trend
Yield on cost is 4.3% and trend is rising.
FLO Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
FLO Income Growth Story
Dividend per share and yield on cost over time (39 years of payments)
FLO Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Flowers Foods, Inc. distributes 2.5% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 63.6%, rated "Adequate".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
FLO has raised its dividend for 23 consecutive years, with a 3-year CAGR of 4.1% and 5-year CAGR of 4.5%.
Total Shareholder Returns
Beyond cash dividends, FLO returns capital through share repurchases. The combined picture: 11.4% dividend yield, 0.3% buyback yield, 11.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 4.3% and is currently rising. The 5-year total return is -46.5%, with dividends contributing 18.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $8,701 today.
FLO Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 6, 2026Latest | $0.2475 | — | 10.88% | Mar 20, 2026 |
| Nov 28, 2025 | $0.2475 | — | 9.16% | Dec 12, 2025 |
| Sep 5, 2025 | $0.2475 | — | 6.58% | Sep 19, 2025 |
| Jun 5, 2025 | $0.2475 | ↑ +3.1% | 5.88% | Jun 19, 2025 |
| Feb 28, 2025 | $0.2400 | — | 5.12% | Mar 14, 2025 |
| Nov 29, 2024 | $0.2400 | — | 4.20% | Dec 13, 2024 |
| Sep 6, 2024 | $0.2400 | — | 4.01% | Sep 20, 2024 |
| Jun 6, 2024 | $0.2400 | ↑ +4.3% | 4.03% | Jun 20, 2024 |
FLO Dividend vs Peers
Comparable companies in the same industry
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
1st | $1.8B | 11.4% | 2.5% | 23 | Sustainable |
| $278M | 4.2% | 41.4% | 9 | Sustainable | |
3rd | $18.7B | 6.8% | 58.3% | 5 | Sustainable |
2nd | $6.2B | 7.3% | 76.2% | 1 | Watch |
| $10.3B | 4.4% | — | 15 | Unknown | |
| $12.3B | 3.7% | 61.2% | 27 | Watch | |
| $79.4B | 3.1% | 1.0% | 12 | Sustainable | |
| $37.8B | 2.9% | 1.2% | 34 | Sustainable |
FLO Annual Dividend History (1987–2026)
40 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.25 | — | 1 | — | — | — | 1.1% |
| 2025 | $0.98 | 3.4% | 4 | $0.40 | 245.6% | 0.41x | 4.3% |
| 2024 | $0.95 | 4.4% | 4 | $1.17 | 81.2% | 1.23x | 4.1% |
| 2023 | $0.91 | 4.6% | 4 | $0.58 | 156.9% | 0.64x | 4.0% |
| 2022 | $0.87 | 4.8% | 4 | $1.07 | 81.3% | 1.23x | 3.8% |
| 2021 | $0.83 | 5.1% | 4 | $0.97 | 85.6% | 1.17x | 3.6% |
| 2020 | $0.79 | 5.3% | 4 | $0.72 | 109.7% | 0.91x | 3.4% |
| 2019 | $0.75 | 5.6% | 4 | $0.78 | 96.2% | 1.04x | 3.3% |
| 2018 | $0.71 | 6.0% | 4 | $0.74 | 95.9% | 1.04x | 3.1% |
| 2017 | $0.67 | 7.2% | 4 | $0.71 | 94.4% | 1.06x | 2.9% |
See FLO's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFLO — Frequently Asked Questions
Quick answers to the most common questions about buying FLO stock.
How much dividend does FLO pay per share?
Flowers Foods, Inc. (FLO) pays a trailing 12-month dividend of $0.99 per share, with a current dividend yield of +11.4%. Payments are made Annual.
When is FLO's next ex-dividend date?
FLO's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. FLO typically pays dividends Annual.
Is FLO's dividend safe?
FLO's dividend safety is rated "Sustainable" based on an earnings payout ratio of +2.5% and FCF payout ratio of +63.6%. With 23 consecutive years of dividend growth, the track record supports sustainability.
Is FLO a Dividend Achiever?
Yes, Flowers Foods, Inc. is classified as a Dividend Achiever with 23 consecutive years of dividend increases. The 5-year dividend CAGR is +4.5%, demonstrating modest dividend growth.
How often does FLO pay dividends?
Flowers Foods, Inc. pays dividends Annual. The trailing 12-month total is $0.99 per share. Dividend data on this page covers 39+ years from 1987 to 2026.
How much would $10,000 invested in FLO grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in FLO five years ago would be worth approximately $5,355 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is FLO's yield on cost for long-term holders?
FLO's yield on cost — the current dividend divided by the original purchase price — is +4.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +11.4% market yield, thanks to consistent dividend growth.