Lancaster Colony Corp. (LANC) Declares $0.50 Quarterly Dividend; 2% Yield
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Lancaster Colony Continues Higher Cash Dividend
February 24, 2016 1:00 PM ESTCOLUMBUS, Ohio, Feb. 24, 2016 /PRNewswire/ -- 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 March 31, 2016 to shareholders of record on March 9, 2016.Â
The board voted to continue the cash dividend at the higher level set three 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
