Core Insights - Flowers Foods, Inc. (NYSE:FLO) is recognized as one of the 15 Best 52-Week Low Dividend Stocks to Invest in [1] - Truist has reduced its price target for Flowers Foods from $15 to $10 while maintaining a Hold rating, citing mixed Q3 results and narrowed guidance [2] - The company announced a quarterly dividend of $0.2475 per share, marking its 93rd consecutive quarterly dividend and 23 years of dividend increases [3] Company Overview - Flowers Foods operates as one of the largest producers of packaged baked goods in the US, offering a variety of products including fresh breads, buns, rolls, snack cakes, and specialty items [4] - The company is focusing on transforming its portfolio, investing in digital systems, and expanding into high-growth and health-oriented categories [4] Strategic Initiatives - Acquisitions, such as the recent Simple Mills deal, are central to Flowers Foods' strategy to appeal to health-conscious and value-driven consumers [5] - The company's success is linked to brand strength, effective pricing, product mix, disciplined cost control, and adaptability to changing consumer preferences and competitive pressures [5]