5 Best Dividend Stocks Under $25

3. Flowers Foods, Inc. (NYSE:FLO)

Number of Hedge Fund Holders: 26
Share Price as of July 17: $24.02

Flowers Foods, Inc. (NYSE:FLO) is a Georgia-based bakery company that specializes in packaged bakery products. The company operates in the food industry, primarily focusing on the production, distribution, and sale of a wide range of bakery items.

On May 25, Flowers Foods, Inc. (NYSE:FLO) declared a 5% hike in its quarterly dividend to $0.23 per share. This marked the company’s 21st consecutive year of dividend growth, which makes it one of the best dividend stocks on our list. The stock’s dividend yield on July 17 came in at 3.84%.

The number of hedge funds tracked by Insider Monkey owning stakes in Flowers Foods, Inc. (NYSE:FLO) jumped to 26 in Q1 2023, from 22 in the previous quarter. These stakes have a collective value of roughly $327 million.

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