Lancaster Colony Corp. (LANC) Declares $0.50 Quarterly Dividend; 1.6% Yield
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Lancaster Colony Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date And Time
August 17, 2016 1:00 PM EDTCOLUMBUS, Ohio, Aug. 17, 2016 /PRNewswire/ --Â Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 50 cents per share on the company's common stock, payable September 30, 2016 to shareholders of record on September 9, 2016.
The board voted to continue the cash dividend at the higher level set nine months ago. The company is one of only 15 U.S. companies to have increased regular cash dividends each year for 53 consecutive years.
John B. Gerlach, Jr., chairman and chief executive officer of Lancaster Colony, said,... More