Lancaster Colony Corp. (LANC) Raises Quarterly Dividend 7.1% to $0.75; 1.7% Yield

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Go back to Lancaster Colony Corp. (LANC) Raises Quarterly Dividend 7.1% to $0.75; 1.7% Yield

Lancaster Colony Increases Regular Cash Dividend; Reelects Three Incumbent Directors

November 11, 2020 3:00 PM EST

WESTERVILLE, Ohio, Nov. 11, 2020 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 75 cents per common share, marking 58 consecutive years of increasing regular cash dividends.  The company is one of only 13 U.S. companies with 58 straight years of regular cash dividend increases.  The dividend will be payable December 31, 2020 to shareholders of record on December 7, 2020.  As of the record date for today's annual shareholder meeting, there were 27,537,277 common shares outstanding.

Voting at the annual meeting, shareholders reelected three incumbent directors. ... More