dividend
confidence high
sentiment positive
materiality 0.50
Lancaster Colony maintains $0.85 quarterly dividend; 60th consecutive annual increase
MARZETTI CO
- Quarterly cash dividend of $0.85 per share, payable September 29, 2023 to holders of record September 8, 2023.
- Dividend marks the 60th consecutive year of regular cash dividend increases; one of only 13 U.S. companies with that streak.
- Annual shareholder meeting set for November 8, 2023 at 1:00 p.m. ET in a virtual-only format; record date September 11, 2023.
- CEO David Ciesinski cites strong financial position; this will be the 241st consecutive quarterly dividend since September 1963.
- Common shares outstanding approximately 27,528,000.