Lancaster Colony Corp. (LANC) Declares $0.7 Quarterly Dividend; 1.8% Yield

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Lancaster Colony Continues Higher Cash Dividend

February 26, 2020 1:30 PM EST

WESTERVILLE, Ohio, Feb. 26, 2020 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 70 cents per common share, payable March 31, 2020 to shareholders of record on March 6, 2020.

The quarterly cash dividend amount of 70 cents per share maintains the higher level set three months ago, which marked the company's 57th consecutive year of increased regular cash dividends.  Lancaster Colony is one of only 13 U.S. companies with 57 straight years of regular cash dividend increases.

CEO David A. Ciesinski said, "The dividend... More