NEW YORK ( TheStreet) -- The ex-dividend date for Flowers Foods (NYSE: FLO) is tomorrow, March 7, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $19.65 as of 9:30 a.m. ET, the dividend yield is 3.1%. The average volume for Flowers has been 646,300 shares per day over the past 30 days. Flowers has a market cap of $2.69 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 4.2% year to date as of the close of trading on Monday. Flowers Foods, Inc. produces and markets bakery products in the United States. It operates in two segments, Direct-Store-Delivery (DSD) and Warehouse Delivery. The company has a P/E ratio of 21.4, above the average food & beverage industry P/E ratio of 19.7 and above the S&P 500 P/E ratio of 17.7.
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