Flowers Foods Declares Dividend
November 20 2009 - 9:31AM
PR Newswire (US)
THOMASVILLE, Ga., Nov. 20 /PRNewswire-FirstCall/ -- The board of
directors of Flowers Foods (NYSE:FLO) today announced a quarterly
dividend of $.175 per share. This action renews the annual dividend
rate of $.70. The dividend is payable on December 18, 2009, to
shareholders of record on December 4, 2009. (Logo:
http://www.newscom.com/cgi-bin/prnh/20080530/CLF007LOGO )
Headquartered in Thomasville, Ga., Flowers Foods is one of the
nation's leading producers and marketers of packaged bakery foods
for retail and foodservice customers. Among the company's top
brands are Nature's Own, Whitewheat, Cobblestone Mill, Blue Bird,
and Mrs. Freshley's. Flowers operates 40 bakeries that are among
the most efficient in the baking industry. Flowers Foods produces,
markets, and distributes fresh bakery products that are delivered
to customers daily through a direct-store-delivery system serving
the Southeast, Mid-Atlantic, and Southwest as well as select
markets in California and Nevada. The company also produces and
distributes fresh snack cakes and frozen breads and rolls
nationally through warehouse distribution. For more information,
visit http://www.flowersfoods.com/. Statements contained in this
press release that are not historical facts are forward-looking
statements. All forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ from those
projected. Other factors that may cause actual results to differ
from the forward-looking statements contained in this release and
that may affect the company's prospects in general include, but are
not limited to, (a) competitive conditions in the baked foods
industry, including promotional and price competition, (b) changes
in consumer demand for our products, (c) the success of
productivity improvements and new product introductions, (d) a
significant reduction in business with any of our major customers
including a reduction from adverse developments in any of our
customer's business, (e) fluctuations in commodity pricing, (f) our
ability to fully integrate recent acquisitions into our business,
and (g) our ability to achieve cash flow from capital expenditures
and acquisitions and the availability of new acquisitions that
build shareholder value. In addition, our results may also be
affected by general factors such as economic and business
conditions (including the baked foods markets), interest and
inflation rates and such other factors as are described in the
company's filings with the Securities and Exchange Commission.
http://www.newscom.com/cgi-bin/prnh/20080530/CLF007LOGO
http://photoarchive.ap.org/ DATASOURCE: Flowers Foods, Inc.
CONTACT: Media, Mary A. Krier, VP/Communications of Flowers Foods,
Inc., +1-229-227-2333 Web Site: http://www.flowersfoods.com/
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