Lancaster Colony Corp. (LANC) Declares $0.7 Quarterly Dividend; 1.9% Yield

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Go back to Lancaster Colony Corp. (LANC) Declares $0.7 Quarterly Dividend; 1.9% Yield

Lancaster Colony Continues Higher Cash Dividend

May 20, 2020 2:00 PM EDT

WESTERVILLE, Ohio, May 20, 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 June 30, 2020 to shareholders of record on June 9, 2020.

The quarterly cash dividend amount of 70 cents per share maintains the higher level set six 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