Lancaster Colony Corp. (LANC) Declares $0.55 Quarterly Dividend; 1.8% Yield

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Go back to Lancaster Colony Corp. (LANC) Declares $0.55 Quarterly Dividend; 1.8% Yield

Lancaster Colony Continues Higher Cash Dividend

May 25, 2017 12:15 PM EDT

WESTERVILLE, Ohio, May 25, 2017 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 55 cents per share on the company's common stock, payable June 30, 2017 to shareholders of record on June 8, 2017.

The board voted to continue the cash dividend at the higher level set six months ago. The company is one of only 14 U.S. companies to have increased regular cash dividends each year for 54 consecutive years.

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