E Daily Stock Pick: Flowers Foods - Wednesday, March 11

Those three basic keys, however, best tell whether a company has made, is making, and will make money.

FLO Price

Flowers' price per share closed at $22.41 yesterday. A year ago their price was $20.38. Thus, in the past year, their market price increased $2.03 or just over 9.9%

Assuming Flowers' stock trades in the range of $20 to $24 this next year, its recent $22.41 price might rise by $1.09 to reach $23.50  by March 11, 2021, assuming upward price momentum continues.

FLO Dividends

Flowers' latest declared quarterly dividend was $0.19 payable Friday, March 13. That $0.19 Q dividend equates to an annual payout of $0.76 and yields 3.39% at yesterday's $22.41 share price.

FLO Gains?

Adding the $0.76 annual estimated dividend to my $1.09 estimate of Flowers Foods, Inc price upside shows a $1.85 potential gross gain, per share, which will be reduced by any costs to trade those shares.

Put a little over $1,000.00 today invested into Flowers Foods, Inc at its recent $22.41 price, would buy 45 shares of FLO.

A $10 broker fee paid half at purchase and half at sale could cost about $0.22 per share.

Subtract that $0.22 brokerage cost from the estimated $1.85 gross estimated gain per share results in a net gain of $1.63 X 45 shares = $73.35 or a 7.3% net gain on a $1,008.45 investment.

Therefore, Flowers Foods, Inc, whose trading ticker symbol is FLO shows a possible 7.3% net gain including a 3.39% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to learn if Flowers Foods, Inc, is worth your time and money.

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Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

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