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Lancaster Colony (LANC) Dividend Yield, Date & History

Lancaster Colony logo
$180.69 -1.87 (-1.02%)
(As of 12/20/2024 05:16 PM ET)

Lancaster Colony Dividend Summary

Dividend Yield
2.10%
Annual Dividend
$3.80
Next
Dividend Payment
Dec. 31
Dividend Increase
Track Record
62 Years
Annualized 3-Year
Dividend Growth
6.58%
Dividend Payout Ratio
65.74%

Lancaster Colony (LANC) pays an annual dividend of $3.80 per share, with a dividend yield of 2.10%. The next quarterly payment of $0.95 per share is scheduled for Tuesday, December 31, to investors who owned the stock before the ex-dividend date of Thursday, December 5. LANC has grown its dividend for 62 consecutive years, with an average annual increase of 2.15%. The company currently pays out 65.74% of its earnings and 48.43% of its cash flow as dividends.

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LANC Dividend Payments by Quarter

The chart below displays up to four years of Lancaster Colony's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

LANC Dividend Yield Over Time

The chart below tracks Lancaster Colony's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Lancaster Colony vs. The Competition

Compare Lancaster Colony's annual dividend, yield, and 3-year growth rate with averages for Staples and NASDAQ companies to evaluate its performance against the market.

TypeLancaster ColonyStaples CompaniesNASDAQ Companies
Annual Dividend$3.80$0.01$1.31
Dividend Yield2.10%2.76%4.21%
Annualized 3-Year Dividend Growth6.58%8.10%14.22%
Track Record62 years36 years19 years

Lancaster Colony Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings65.74%
Based on This Year's Estimate56.72%
Based on Next Year's Estimate52.41%
Based on Cashflow48.43%

Lancaster Colony Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/6/2024quarterly$0.95+$0.05
5.56%
1.9%12/5/202412/5/202412/31/2024
8/14/2024Quarterly$0.90 - 1.81%9/9/20249/9/20249/30/2024
5/16/2024Quarterly$0.90 - 1.88%6/7/20246/7/20246/28/2024
2/14/2024Quarterly$0.90 - 1.87%3/6/20243/7/20243/29/2024
11/8/2023Quarterly$0.90+$0.05
5.88%
2.16%12/1/202312/4/202312/29/2023
8/16/2023Quarterly$0.85 - 1.87%9/7/20239/8/20239/29/2023
5/18/2023Quarterly$0.85 - 1.64%6/8/20236/9/20236/30/2023
2/22/2023Quarterly$0.85 - 1.75%3/8/20233/9/20233/31/2023

This table shows Lancaster Colony's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Lancaster Colony Dividend - Frequently Asked Questions

The current dividend yield for Lancaster Colony is 2.10%. Learn more on LANC's dividend yield history.

The annual dividend for LANC shares is $3.80. Learn more on LANC's annual dividend history.

Lancaster Colony pays quarterly dividends to shareholders.

Lancaster Colony's next quarterly dividend payment of $0.95 per share will be made to shareholders on Tuesday, December 31, 2024.

Lancaster Colony's most recent quarterly dividend payment of $0.90 per share was made to shareholders on Monday, September 30, 2024.

Lancaster Colony's most recent ex-dividend date was Thursday, December 5, 2024.

Over the past three years, the company's dividend has grown by an average of 6.58% per year.

Lancaster Colony has increased its dividend for the past 62 consecutive years.

The most recent change in the company's dividend was an increase of $0.05 on Wednesday, November 6, 2024.

The dividend payout ratio for LANC is:
  • 65.74% based on the trailing year of earnings
  • 56.72% based on this year's estimates
  • 52.41% based on next year's estimates
  • 48.43% based on cash flow

Lancaster Colony's dividend yield of 2.01% is lower than the average Consumer Staples company that issues a dividend. The company's 62 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Lancaster Colony's dividend payout ratio of 65.74% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Lancaster Colony stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:LANC) was last updated on 12/21/2024 by MarketBeat.com Staff
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