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Flowers Foods issuing 50% stock dividend
date:May 23, 2013
Shares of Flowers Foods, Inc. will split three for two, the company said May 22. The Flowers board approved the 50% stock dividend as well as a cash dividend increase ahead of the companys annual meeting.

Both the stock and cash dividends will be payable June 19 to shareholders of record June 5. The new cash dividend of 11.25c per share on the common stock represents a 5.5% increase from the previous quarterly rate, adjusted for the stock split.

George E. Deese, who became executive chairman o

07/26 08:31