---
schema_version: "secwatch.filing_event.v1"
accession: "0000057515-23-000030"
form_type: "8-K"
ticker: "MZTI"
cik: "0000057515"
company_name: "MARZETTI CO"
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:59:54.897289+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lancaster Colony raises quarterly dividend to $0.90, 61st straight year of increases

## Summary
- 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.

## SEC filing metadata
- accession: 0000057515-23-000030
- form_type: 8-K
- ticker: MZTI
- cik: 0000057515
- company_name: MARZETTI CO
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/57515/000005751523000030/0000057515-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/57515/000005751523000030/lanc-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000057515-23-000030
- JSON: https://secwatch.observer/filing/0000057515-23-000030.json
- Plain text: https://secwatch.observer/filing/0000057515-23-000030.txt

## Key facts
- Shareholder Votes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/57515/000005751523000030/0000057515-23-000030-index.htm
- Shareholder Votes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/57515/000005751523000030/0000057515-23-000030-index.htm
- Shareholder Votes
  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
  source text: 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 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/57515/000005751523000030/0000057515-23-000030-index.htm
- Shareholder Votes
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/57515/000005751523000030/0000057515-23-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.