Lancaster Colony Corp. (LANC) Raises Quarterly Dividend 9.1% to $0.60; 2% Yield

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Lancaster Colony Increases Regular Cash Dividend; Reelects Three Incumbent Directors

November 15, 2017 1:15 PM EST

WESTERVILLE, Ohio, Nov. 15, 2017 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors voted to raise the regular quarterly cash dividend to 60 cents per common share, marking 55 consecutive years of increasing regular cash dividends.  The company is one of only 14 U.S. companies to have increased regular cash dividends each year for 55 consecutive years.  The dividend will be payable December 29, 2017 to shareholders of record on December 8, 2017.  As of the record date for today's annual shareholder meeting, there were 27,442,591 common shares outstanding.

Voting at the annual meeting, shareholders... More