Lancaster Colony Corp. (LANC) Declares $0.7 Quarterly Dividend; 1.9% Yield

Lancaster Colony Corp. (NASDAQ: LANC) declared a quarterly dividend of $0.7 per share, or $2.8 annualized.

The dividend will be payable on June 30, 2020, to stockholders of record on June 9, 2020, with an ex-dividend date of June 8, 2020.

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 228th 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, 2020 is $2.75 per share, up from the $2.55 per share paid in fiscal 2019.

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

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