Lancaster Colony Corp (LANC) Declares $0.46 Quarterly Dividend; 2% Yield

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Go back to Lancaster Colony Corp (LANC) Declares $0.46 Quarterly Dividend; 2% Yield

Lancaster Colony Continues Higher Cash Dividend

May 27, 2015 12:00 PM EDT

COLUMBUS, Ohio, May 27, 2015 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 46 cents per share on the company's common stock, payable June 30, 2015 to shareholders of record on June 9, 2015. 

The board voted to continue the cash dividend at the higher level set six months ago. The company is one of only 15 U.S. companies to have increased regular cash dividends each year for 52 consecutive years.

John B. Gerlach, Jr., chairman and chief executive officer of Lancaster Colony, said,... More