Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Flowers Foods, Inc. (NYSE:FLO) is about to trade ex-dividend in the next 4 days. The ex-dividend date is one business day before a company’s record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. In other words, investors can purchase Flowers Foods’ shares before the 5th of September in order to be eligible for the dividend, which will be paid on the 19th of September.
The company’s upcoming dividend is US$0.2475 a share, following on from the last 12 months, when the company distributed a total of US$0.99 per share to shareholders. Based on the last year’s worth of payments, Flowers Foods stock has a trailing yield of…
