Lancaster Colony Corp. (LANC) Raises Quarterly Dividend 8.3% to $0.65; 1.7% Yield
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Lancaster Colony Continues Higher Cash Dividend
February 27, 2019 1:30 PM ESTWESTERVILLE, Ohio, Feb. 27, 2019 /PRNewswire/ --Â Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 65 cents per common share, payable March 29, 2019 to shareholders of record on March 8, 2019.
The quarterly cash dividend amount of 65 cents per share maintains the higher level set three months ago, which marked the company's 56th consecutive year of increased regular cash dividends. Lancaster Colony is one of only 13 U.S. companies with 56 straight years of regular cash dividend increases.
CEO David A. Ciesinski said, "The dividend... More
