secwatch.observer — SEC 8-K summary
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Issuer:     MARZETTI CO (MZTI)
CIK:        0000057515
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0000057515-21-000023
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lancaster Colony raises quarterly dividend to $0.80, 59th straight increase
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- Quarterly dividend increased to $0.80 per share from $0.7375 implied ($3.15 annual vs $2.95).
- Dividend payable Dec 31, 2021 to holders of record Dec 6, 2021; 27.5M shares outstanding.
- Indicated annual payout of $3.15 per share for fiscal 2022, up 6.8% from $2.95 in fiscal 2021.
- Shareholders reelected directors Neeli Bendapudi, William H. Carter, and Michael H. Keown.
- CEO cited continued strong financial position; company marks 59 consecutive years of dividend increases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/57515/000005751521000023/0000057515-21-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/57515/000005751521000023/lanc-20211110.htm
  HTML page:      https://secwatch.observer/filing/0000057515-21-000023

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