Why did FLO deop in price?

The stock price of FLO has experienced a decrease from June 2 to June 4. Flowers Foods, Inc. (FLO) recently declared a quarterly dividend of $0.2475 per share, which showed a 3.1% growth from the previous dividend. The latest dividend marks the 91st straight quarterly payout by the company, and it also represents the 23rd consecutive year of annual dividend increases, which highlights a solid and consistent dividend track record. 1. **Dividend Payment**: The ex-dividend date for FLO is June 5, 2025, which could be causing the stock price to decrease as investors may sell the stock to reinvest in the dividend. 2. **Market Conditions**: The stock price of FLO could also be affected by broader market conditions, investor sentiment, and industry trends. In conclusion, the decrease in FLO's stock price may be attributed to the ex-dividend date and market conditions. |code|Ticker|Name|Date|Percentage Change|market_code| |---|---|---|---|---|---| |FLO|FLO.N|Flowers Foods|20250522|0.5455|169| |FLO|FLO.N|Flowers Foods|20250523|-0.6631|169| |FLO|FLO.N|Flowers Foods|20250527|3.216|169| |FLO|FLO.N|Flowers Foods|20250528|0.0588|169| |FLO|FLO.N|Flowers Foods|20250529|-0.1175|169| |FLO|FLO.N|Flowers Foods|20250530|-0.5882|169| |FLO|FLO.N|Flowers Foods|20250602|-1.6568|169| |FLO|FLO.N|Flowers Foods|20250603|0.722|169| |FLO|FLO.N|Flowers Foods|20250604|-0.6571|169| |FLO|FLO.N|Flowers Foods|20250605|-0.6571087216248473|169|