8-K
filed November 9, 2023, 6:59 PM ET
ticker MZTI
CIK 0000057515
dividend
confidence high
sentiment positive
materiality 0.55
Lancaster Colony raises quarterly dividend to $0.90, 61st straight year of increases
MARZETTI CO
- Quarterly dividend increased to $0.90 per share, payable Dec. 29, 2023 to holders of record Dec. 4.
- Annualized payout rises to $3.55 per share from $3.35 in fiscal 2023, a ~6% increase.
- Shareholders reelected directors Robert L. Fox, John B. Gerlach Jr., and Robert P. Ostryniec.
- Non-binding say-on-pay approved with 92.7% of votes cast in favor; 1-year frequency selected.
- Ratification of Deloitte & Touche as auditor for fiscal 2024 passed with 98.5% of votes.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
MARZETTI CO shareholders approved Non-binding vote on frequency of future non-binding votes on executive compensation at the 2023-11-08 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-11-08
Exact text from the filing
The Corporation’s shareholders voted for the frequency of 1 Year for future non-binding votes on the compensation of the Corporation’s named executive officers with the following vote totals: Number of Votes 1 Year 2 Years 3 Years Abstentions 24,344,354 7,037 1,079,877 44,160
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.98
MARZETTI CO shareholders approved Election of three directors for three-year terms expiring at the 2026 Annual Meeting at the 2023-11-08 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-11-08
Exact text from the filing
The Corporation’s shareholders elected the following individuals to serve for three-year terms expiring at the 2026 Annual Meeting of Shareholders with the following vote totals: Number of Votes Director Name For Withheld Abstentions Broker Non-Votes Robert L. Fox 22,804,565 2,670,863 — 886,015 John B. Gerlach, Jr. 24,156,669 1,318,759 — 886,015 Robert P. Ostryniec 25,315,695 159,733 — 886,015
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
MARZETTI CO shareholders approved Ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending June 30, 2024 at the 2023-11-08 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-11-08
Exact text from the filing
The Corporation’s shareholders ratified the selection of Deloitte & Touche LLP as the Corporation’s independent registered public accounting firm for the year ending June 30, 2024 with the following vote totals: Number of Votes For Against Abstentions Broker Non-Votes 25,963,490 377,561 20,392 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
MARZETTI CO shareholders approved Non-binding vote to approve compensation of named executive officers at the 2023-11-08 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-11-08
Exact text from the filing
The Corporation’s shareholders approved the compensation of the Corporation’s named executive officers with the following vote totals: Number of Votes For Against Abstentions Broker Non-Votes 24,726,779 181,582 567,067 886,015
View on SEC.gov
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