Financial Advisor Update

Dividend.com: Estee Lauder Glam

Stock quotes in this article: PMI , EL , BGG , SJM , FLO , DE  

We really like the results J.M. Smucker delivered, and are upgrading the shares to our "Recommended" list this morning. The company was also able to reaffirm its EPS range of $3.45 to $3.50. J.M. Smucker Co.'s dividend yield is 2.38%, based on last night's closing stock price of $50.50.

J.M. Smucker Co. is a "Recommended" dividend stock, holding a Dividend.com Rating of 3.5 out of 5 stars.

Can Flowers Foods Rise to the Occasion?

Flowers Foods (FLO Quote) delivered a decent earnings report in an inflationary food environment. The company saw sales increase 13 percent in the quarter to $540.7 million. Margins declined slightly due to higher ingredient costs, but the company benefited from higher pricing and volume during the quarter.

Management is being aggressive on the acquisition front. The company completed deals with Holsum Bakery of Phoenix and ButterKrust Bakery of Lakeland, Fla., during the quarter.

We are removing Flowers Foods shares from our "Recommended" list on this announcement. We are fearful that acquisitions in this environment may be tricky, especially with food inflation being a big focus. The company also must prove it can seamlessly integrate new acquisitions without a hit to margins and control costs. Flowers Foods has a dividend yield of 1.56%, based on last night's closing stock price of $31.97.

Flowers Foods is not a recommended dividend stock at this time, holding a Dividend.com rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks as well as a detailed explanation of our ratings system.

  • Loading Comments...
  •  
1 2 3
Next >

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
At the time of publication, the author had no positions in stocks mentioned, although positions may change at any time.

Tom Reese and Paul Rubillo are senior editors of Dividend.com. Visit Dividend.com for more dividend stock ratings, picks, news, and analysis for long-term and income-seeking investors.

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,405.83 1,102.35 2,190.86 34.82
Oil *
71.98
UP
68.78
UP
6.41
UP
7.13
UP
0.59
10 Yr
3.48%
SPDR Gold
110.82
+0.67%
+0.58%
+0.33%
+1.72%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services