Lancaster Colony Corp. (LANC) Declares $0.9 Quarterly Dividend; 1.9% Yield

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Lancaster Colony Continues Higher Cash Dividend

May 16, 2024 3:00 PM EDT

WESTERVILLE, Ohio--(BUSINESS WIRE)-- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 90 cents per common share, payable June 28, 2024 to shareholders of record on June 7, 2024.

The quarterly cash dividend amount of 90 cents per share maintains the higher level set six months ago, which marked the companys 61st consecutive year of increased regular cash dividends. Lancaster Colony is one of only 13 U.S. companies with 61 straight years of regular cash dividend increases.

CEO David A. Ciesinski said, The dividend reflects the... More