Why NYSE:FLO provides a good dividend, while having solid fundamentals.

Our stock screener has spotted FLOWERS FOODS INC (NYSE:FLO) as a good dividend stock with solid fundamentals. NYSE:FLO shows decent health and profitability. At the same time it gives a good and sustainable dividend. We'll dive into each aspect below.

Dividend Assessment of NYSE:FLO

To gauge a stock's dividend quality, ChartMill utilizes a Dividend Rating ranging from 0 to 10. This comprehensive assessment considers various dividend aspects, including yield, history, growth, and sustainability. NYSE:FLO has achieved a 8 out of 10:

• With a Yearly Dividend Yield of 4.65%, FLO is a good candidate for dividend investing.
• FLO's Dividend Yield is rather good when compared to the industry average which is at 3.83. FLO pays more dividend than 89.01% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.36, FLO pays a better dividend.
• The dividend of FLO is nicely growing with an annual growth rate of 10.15%!
• FLO has been paying a dividend for at least 10 years, so it has a reliable track record.
• FLO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.

Assessing Health for NYSE:FLO

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:FLO has received a 5 out of 10:

• An Altman-Z score of 3.57 indicates that FLO is not in any danger for bankruptcy at the moment.
• Looking at the Altman-Z score, with a value of 3.57, FLO is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
• With a decent Debt to FCF ratio value of 4.17, FLO is doing good in the industry, outperforming 68.13% of the companies in the same industry.

What does the Profitability looks like for NYSE:FLO

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:FLO has earned a 7 out of 10:

• With a decent Return On Assets value of 7.02%, FLO is doing good in the industry, outperforming 76.92% of the companies in the same industry.
• FLO has a Return On Equity of 17.11%. This is amongst the best in the industry. FLO outperforms 82.42% of its industry peers.
• FLO's Return On Invested Capital of 9.94% is amongst the best of the industry. FLO outperforms 82.42% of its industry peers.
• The Profit Margin of FLO (4.70%) is better than 65.93% of its industry peers.
• The Operating Margin of FLO (7.20%) is better than 68.13% of its industry peers.
• FLO's Operating Margin has improved in the last couple of years.
• Looking at the Gross Margin, with a value of 49.30%, FLO belongs to the top of the industry, outperforming 98.90% of the companies in the same industry.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

Our latest full fundamental report of FLO contains the most current fundamental analsysis.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.