E Daily Stock Pick: Flowers Foods

FLO Price

Flowers Food's price per share closed at $23.00 yesterday. A year ago their price was $23.00. The market was steady in the past year.

Assuming Flowers Food's stock trades in the range of $15 to $25 this next year, its recent $23.00 price might rise by $1.00 to reach $24.00 by May 22, 2021.

FLO Dividends

Flowers Food's most recent declared quarterly dividend was $0.19 paid March 13th That $0.19 Q dividend equates to $0.76 annually and yields 3.30% at yesterday's $23.00 share price.

FLO Gains?

Adding the $0.76 annual estimated dividend to my $1.00 optimistic estimate of Flowers Foods price upside shows a $1.76 potential gross gain, per share, to be reduced by any costs to trade those shares.

Put little over $1,000.00  today in Flowers Foods Inc shares at their $23.00 price, buys 44 shares of FLO stock.

A $10 broker fee paid half at purchase and half at sale could cost about $0.23 per share.

Subtract that $0.23  brokerage cost from my estimated $1.76 gross gain per share results in a net gain of $1.53 X 44 shares = $67.32 for a 6.7% net gain on a $1,012.00 investment.

Flowers Foods Inc shows a possible 6.7% net gain including a 3.30% dividend yield. It could be more, it could be less.

The above speculation is based on past performance and supposition. Only time and money invested will tell if Flowers Foods Inc is worth it.

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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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