Shares of Flowers Foods, Inc. (NYSE:FLO) [Trend Analysis] swings enthusiastically in regular trading session, it an advance of 2.24% to close at $18.74. Flowers Foods (FLO) revealed that its BOD has declared a quarterly dividend of $0.16 per share, an increase of 10.3% over the same quarter last year. This is the 55th consecutive quarterly dividend paid by the company and is payable on June 23, 2016 to shareholders of record on June 9, 2016. This action increases the annualized dividend rate to $0.64 per share from $0.58 per share at this time last year.
Allen L. Shiver, Flowers Foods’ president and CEO stated that this dividend surge demonstrates the confidence our board and management team have in the strength of company’s cash flow and ability to generate value for shareholders. “We are executing our disciplined strategy to grow sales, expand margins, and evaluate strategic acquisitions. With these actions, we expect to continue delivering value to shareholders through earnings and dividend growth, and share repurchases.” FLO, experts calculate Return on Investment of 8.60%. The stock is going forward its fifty-two week low with 20.85% and lagging behind from its 52-week high price with -30.36%. FLO last month stock price volatility remained 2.31%.
NIKE, Inc. (NYSE:NKE) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of -0.27% to 55.84 with around 9.06 Million shares have changed hands in this session. NIKE, Inc. (NKE) revealed that latest expansion of its European Logistics Campus in Belgium, to accelerate the company’s drive toward the supply chain of the future. The expansion will make Nike’s European operations more efficient, more responsive and more sustainable, enabling growth by serving consumers across Nike.com, Nike retail and wholesale partners in 38 countries, all from a single inventory location.
Chief Operating Officer, NIKE, Eric Sprunk stated that worldwide they ship more than one billion units of footwear, apparel and equipment every year, which demands an agile, innovative and sustainable supply chain. “The expansion of our European Logistics Campus demonstrates their commitment to bring the full range of Nike products to consumers more quickly, where and when they want it, whether it’s one pair of Flyknit shoes or a 10,000-item order for a retailer.” The stock is going forward its fifty-two week low with 19.07% and lagging behind from its 52-week high price with -17.91%.
Likewise the positive performance for the quarter recorded as -10.57% and for the year was 9.99%, while the YTD performance remained at -10.43%. NKE has Average True Range for 14 days of 1.08.
Synacor, Inc. (NASDAQ:SYNC) [Trend Analysis] retains strong position in active trade, as shares scoring 3.62% to $3.15 in a active trade session, while looking at the shares volume, around 1.51 Million shares have changed hands in this session. Synacor, Inc. (SYNC) declared that it continued momentum with Zimbra, the world’s leading open source-based email and collaboration software.
Recent successes include the addition of the Indonesia police force as a customer, expansion of Synacor’s relationship with K-Opticom in Japan, and successful Asia-Pacific Partner Summits in Bangkok and Tokyo. “I’m delighted to report accelerated momentum around our Zimbra products we just set a new quarterly record in our Zimbra Cloud business, we announced at World Hosting Days our Zimbra Talkproduct, which includes chat, video chat, and group chat, and are excited to announce customer wins,” said Brent Rhymes, EVP, Enterprise Sales & Marketing, Synacor. The firm has institutional ownership of 31.70%, while insider ownership included 41.47%. SYNC attains analyst recommendation of 2.50 with week’s performance of 4.30%. Investors looking further ahead will note that the Price to next year’s EPS is 61.80%.