Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice. It offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Cardini's, and Girard's; flatbread wraps and pizza crusts under the Flatout brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti; frozen pasta under the Marzetti Frozen Pasta brand; and vegetable and fruit dips under the Marzetti brand. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.
Lancaster Colony Dividend Announcement
• Lancaster Colony announced a quarterly dividend of $0.90 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-09
• Lancaster Colony annual dividend for 2024 was $2.70
• Lancaster Colony annual dividend for 2023 was $3.45
• Lancaster Colony's trailing twelve-month (TTM) dividend yield is 2.4%
• Lancaster Colony's payout ratio for the trailing twelve months (TTM) is 62.35%
• Lancaster Colony's dividend growth over the last five years (2018-2023) was 7.09% year
• Lancaster Colony's dividend growth over the last ten years (2013-2023) was 7.85% year
Lancaster Colony Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | $0.90 | quarterly | 2024-09-30 |
2024-06-07 | $0.90 | quarterly | 2024-06-28 |
2024-03-06 | $0.90 | quarterly | 2024-03-29 |
2023-12-01 | $0.90 | quarterly | 2023-12-29 |
2023-09-07 | $0.85 | quarterly | 2023-09-29 |
2023-06-08 | $0.85 | quarterly | 2023-06-30 |
2023-03-08 | $0.85 | quarterly | 2023-03-31 |
2022-12-02 | $0.85 | quarterly | 2022-12-30 |
2022-09-08 | $0.80 | quarterly | 2022-09-30 |
2022-06-08 | $0.80 | quarterly | 2022-06-30 |
2022-03-08 | $0.80 | quarterly | 2022-03-31 |
2021-12-03 | $0.80 | quarterly | 2021-12-31 |
2021-09-09 | $0.75 | quarterly | 2021-09-30 |
2021-06-08 | $0.75 | quarterly | 2021-06-30 |
2021-03-08 | $0.75 | quarterly | 2021-03-31 |
2020-12-04 | $0.75 | quarterly | 2020-12-31 |
2020-09-08 | $0.70 | quarterly | 2020-09-30 |
2020-06-08 | $0.70 | quarterly | 2020-06-30 |
2020-03-05 | $0.70 | quarterly | 2020-03-31 |
2019-12-05 | $0.70 | quarterly | 2019-12-31 |
2019-09-06 | $0.65 | quarterly | 2019-09-30 |
2019-06-06 | $0.65 | quarterly | 2019-06-28 |
2019-03-07 | $0.65 | quarterly | 2019-03-29 |
2018-12-06 | $0.65 | quarterly | 2018-12-28 |
2018-09-06 | $0.60 | quarterly | 2018-09-28 |
2018-06-07 | $0.60 | quarterly | 2018-06-29 |
2018-03-08 | $0.60 | quarterly | 2018-03-30 |
2017-12-07 | $0.60 | quarterly | 2017-12-29 |
2017-09-07 | $0.55 | quarterly | 2017-09-29 |
2017-06-06 | $0.55 | quarterly | 2017-06-30 |
2017-03-07 | $0.55 | quarterly | 2017-03-31 |
2016-12-07 | $0.55 | quarterly | 2016-12-30 |
2016-09-07 | $0.50 | quarterly | 2016-09-30 |
2016-06-07 | $0.50 | quarterly | 2016-06-30 |
2016-03-07 | $0.50 | quarterly | 2016-03-31 |
2015-12-07 | $5.50 | quarterly | 2015-12-31 |
2015-09-04 | $0.46 | quarterly | 2015-09-30 |
2015-06-05 | $0.46 | quarterly | 2015-06-30 |
2015-03-05 | $0.46 | quarterly | 2015-03-31 |
2014-12-04 | $0.46 | quarterly | 2014-12-31 |
2014-09-05 | $0.44 | quarterly | 2014-09-30 |
2014-06-05 | $0.44 | quarterly | 2014-06-30 |
2014-03-05 | $0.44 | quarterly | 2014-03-31 |
2013-12-05 | $0.44 | quarterly | 2013-12-31 |
2013-09-05 | $0.40 | quarterly | 2013-09-30 |
2013-06-06 | $0.40 | quarterly | 2013-06-28 |
2013-03-06 | $0.38 | quarterly | 2013-03-29 |
Lancaster Colony Dividend per year
Lancaster Colony Dividend growth
Lancaster Colony Dividend Yield
Lancaster Colony current trailing twelve-month (TTM) dividend yield is 2.4%. Interested in purchasing Lancaster Colony stock? Use our calculator to estimate your expected dividend yield:
Lancaster Colony Financial Ratios
Lancaster Colony Dividend FAQ
Other factors to consider when evaluating Lancaster Colony as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Lancaster Colony's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Lancaster Colony publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Lancaster Colony distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Lancaster Colony are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Lancaster Colony sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Lancaster Colony distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Lancaster Colony declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Lancaster Colony's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Lancaster Colony's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.