dividend
confidence high
sentiment positive
materiality 0.55
Lancaster Colony raises quarterly dividend to $0.95, marking 62nd straight year of increases
MARZETTI CO
- Regular quarterly dividend increased to $0.95 per share from $0.8875 previously.
- Payable Dec 31, 2024 to shareholders of record Dec 5, 2024.
- Indicated annual payout for FY2025 is $3.75 per share, up from $3.55 in FY2024.
- CEO cites continued strong financial position for the increase.
- Shareholders reelected three incumbent directors: Zena Srivatsa Arnold, Michael H. Keown, George F. Knight III.