Flowers Foods, Coca-Cola And General Motors

On 11/30/23, Flowers Foods, Coca-Cola, and General Motors will all trade ex-dividend for their respective upcoming dividends. Flowers Foods, Inc. will pay its quarterly dividend of $0.23 on 12/15/23, Coca-Cola Co will pay its quarterly dividend of $0.46 on 12/15/23, and General Motors Co will pay its quarterly dividend of $0.09 on 12/14/23.

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As a percentage of FLO’s recent stock price of $21.18, this dividend works out to approximately 1.09%, so look for shares of Flowers Foods, Inc. to trade 1.09% lower — all else being equal — when FLO shares open for trading on 11/30/23. Similarly, investors should look for KO to open 0.79% lower in price and for GM to open 0.32% lower, all else being equal.

Below are dividend history charts for FLO, KO, and GM, showing historical dividends prior to the most recent ones declared.

Flowers Foods:

Coca-Cola:

General Motors:

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 4.34% for Flowers Foods, 3.15% for Coca-Cola, and 1.26% for General Motors.

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In Tuesday trading, Flowers Foods shares are currently down about 1%, Coca-Cola shares are down about 0.2%, and General Motors shares are up about 1.1% on the day.

Source: https://www.forbes.com/sites/dividendchannel/2023/11/28/ex-dividend-reminder-flowers-foods-coca-cola-and-general-motors/