Lancaster Colony Corp. (LANC) Raises Quarterly Dividend 8.7% to $0.50; 1.8% Yield

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Go back to Lancaster Colony Corp. (LANC) Raises Quarterly Dividend 8.7% to $0.50; 1.8% Yield

Lancaster Colony Increases Regular Cash Dividend; Pays Special Dividend; Reelects Two Incumbent Directors And Elects One New Director

November 16, 2015 12:12 PM EST

COLUMBUS, Ohio, Nov. 16, 2015 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors voted to raise the regular quarterly cash dividend to 50 cents per common share, marking 53 consecutive years of increasing regular cash dividends.  The company is one of only 15 U.S. companies to have increased regular cash dividends each year for 53 consecutive years.

The board also approved a special cash dividend of $5.00 per common share.  Both the special dividend and the regular quarterly dividend will be payable December 31, 2015 to shareholders of record on December 9,... More