Lancaster Colony Corp. (LANC) Declares $0.75 Quarterly Dividend; 1.7% Yield

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

Lancaster Colony Continues Higher Cash Dividend

February 24, 2021 3:00 PM EST

WESTERVILLE, Ohio, Feb. 24, 2021 /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, payable March 31, 2021 to shareholders of record on March 9, 2021.

The quarterly cash dividend amount of 75 cents per share maintains the higher level set three months ago, which marked the company's 58th consecutive year of increased regular cash dividends.  Lancaster Colony is one of only 13 U.S. companies with 58 straight years of regular cash dividend increases.

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