Lancaster Colony Corp. (LANC) Declares $0.6 Quarterly Dividend; 1.9% Yield

May 24, 2018 10:09 AM EDT

Lancaster Colony Corp. (NASDAQ: LANC) declared a quarterly dividend of $0.6 per share, or $2.4 annualized.

The dividend will be payable on June 29, 2018, to stockholders of record on June 8, 2018, with an ex-dividend date of June 7, 2018.

The annual yield on the dividend is 1.9 percent.

CEO David A. Ciesinski said, "The dividend reflects the company's continued strong financial position and will be the 220th consecutive quarterly cash dividend paid by the company since September 1963." He noted that the annual payout for the current fiscal year ending June 30, 2018 is $2.35 per share, up from the $2.15 per share paid in fiscal 2017.

For a dividend history and other dividend-related data on Lancaster Colony Corp. (LANC) click here.



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