Lancaster Colony Corp. (LANC) Plans Quarterly Dividend of $0.44
Lancaster Colony Corp. (NASDAQ:LANC) declared a quarterly dividend on Tuesday, August 19th, AnalystRatings.NET reports. Shareholders of record on Tuesday, September 9th will be given a dividend of 0.44 per share on Tuesday, September 30th. This represents a $1.76 dividend on an annualized basis and a yield of 1.90%.
Shares of Lancaster Colony Corp. (NASDAQ:LANC) traded up 0.57% on Tuesday, hitting $93.40. 10,329 shares of the company’s stock traded hands. Lancaster Colony Corp. has a 1-year low of $70.29 and a 1-year high of $99.73. The stock has a 50-day moving average of $91.94 and a 200-day moving average of $92.12. The company has a market cap of $2.553 billion and a P/E ratio of 32.16.
Lancaster Colony Corporation is a diversified manufacturer and marketer of consumer products focusing primarily on specialty foods for the retail and foodservice markets.
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