Lancaster Colony Corporation

NasdaqGS:LANC Stock Report

Market Cap: US$5.3b

Lancaster Colony Dividend

Dividend criteria checks 5/6

Lancaster Colony is a dividend paying company with a current yield of 1.91% that is well covered by earnings. Next payment date is on 28th June, 2024 with an ex-dividend date of 7th June, 2024.

Key information

1.9%

Dividend yield

72%

Payout ratio

Industry average yield3.1%
Next dividend pay date28 Jun 24
Ex dividend date07 Jun 24
Dividend per sharen/a
Earnings per shareUS$4.82
Dividend yield forecast in 3Y2.1%

Recent dividend updates

Lancaster Colony (NASDAQ:LANC) Will Pay A Larger Dividend Than Last Year At $0.90

Nov 12
Lancaster Colony (NASDAQ:LANC) Will Pay A Larger Dividend Than Last Year At $0.90

Recent updates

Returns On Capital At Lancaster Colony (NASDAQ:LANC) Have Stalled

Apr 20
Returns On Capital At Lancaster Colony (NASDAQ:LANC) Have Stalled

Lancaster Colony Is Fundamentally Sound But A Bit Overpriced

Feb 23

Market Participants Recognise Lancaster Colony Corporation's (NASDAQ:LANC) Earnings

Feb 01
Market Participants Recognise Lancaster Colony Corporation's (NASDAQ:LANC) Earnings

Be Wary Of Lancaster Colony (NASDAQ:LANC) And Its Returns On Capital

Jan 10
Be Wary Of Lancaster Colony (NASDAQ:LANC) And Its Returns On Capital

An Intrinsic Calculation For Lancaster Colony Corporation (NASDAQ:LANC) Suggests It's 36% Undervalued

Dec 20
An Intrinsic Calculation For Lancaster Colony Corporation (NASDAQ:LANC) Suggests It's 36% Undervalued

Lancaster Colony (NASDAQ:LANC) Will Pay A Larger Dividend Than Last Year At $0.90

Nov 12
Lancaster Colony (NASDAQ:LANC) Will Pay A Larger Dividend Than Last Year At $0.90

Be Wary Of Lancaster Colony (NASDAQ:LANC) And Its Returns On Capital

Oct 04
Be Wary Of Lancaster Colony (NASDAQ:LANC) And Its Returns On Capital

Some Investors May Be Worried About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Jun 24
Some Investors May Be Worried About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Some Investors May Be Worried About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Mar 19
Some Investors May Be Worried About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Lancaster Colony (NASDAQ:LANC) Is Increasing Its Dividend To $0.85

Feb 26
Lancaster Colony (NASDAQ:LANC) Is Increasing Its Dividend To $0.85

Here's What's Concerning About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Dec 08
Here's What's Concerning About Lancaster Colony's (NASDAQ:LANC) Returns On Capital

Lancaster Colony (NASDAQ:LANC) Is Increasing Its Dividend To $0.85

Nov 17
Lancaster Colony (NASDAQ:LANC) Is Increasing Its Dividend To $0.85

Lancaster Colony: Upside Is Limited From Here

Oct 18

Lancaster Colony Non-GAAP EPS of $1.35 beats by $0.55, revenue of $452.41M beats by $36.88M

Aug 25

Returns On Capital Signal Tricky Times Ahead For Lancaster Colony (NASDAQ:LANC)

Aug 24
Returns On Capital Signal Tricky Times Ahead For Lancaster Colony (NASDAQ:LANC)

Lancaster Colony declares $0.80 dividend

Aug 17

Lancaster Colony: A Colony Of Market Leading Businesses

Aug 01

Lancaster Colony Remains Dead Money

Jul 06

Are Lancaster Colony Corporation (NASDAQ:LANC) Investors Paying Above The Intrinsic Value?

Jun 06
Are Lancaster Colony Corporation (NASDAQ:LANC) Investors Paying Above The Intrinsic Value?

Lancaster Colony (NASDAQ:LANC) Is Reinvesting At Lower Rates Of Return

May 20
Lancaster Colony (NASDAQ:LANC) Is Reinvesting At Lower Rates Of Return

Continue To Avoid Lancaster Colony

May 03

Lancaster Colony Is Still Expensive

Feb 28

Lancaster Colony's (NASDAQ:LANC) Upcoming Dividend Will Be Larger Than Last Year's

Feb 27
Lancaster Colony's (NASDAQ:LANC) Upcoming Dividend Will Be Larger Than Last Year's

Lancaster Colony (NASDAQ:LANC) Could Be Struggling To Allocate Capital

Feb 12
Lancaster Colony (NASDAQ:LANC) Could Be Struggling To Allocate Capital

Lancaster Colony: An Excellent Company With A Hefty Price Tag

Nov 22

Upcoming Dividend Payment

TodayMay 23 2024Ex Dividend DateJun 07 2024Dividend Pay DateJun 28 202421 days from Ex DividendBuy in the next 15 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LANC's dividends per share have been stable in the past 10 years.

Growing Dividend: LANC's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Lancaster Colony Dividend Yield vs Market
How does LANC dividend yield compare to the market?
SegmentDividend Yield
Company (LANC)1.9%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Food)3.1%
Analyst forecast in 3 Years (LANC)2.1%

Notable Dividend: LANC's dividend (1.91%) is higher than the bottom 25% of dividend payers in the US market (1.49%).

High Dividend: LANC's dividend (1.91%) is low compared to the top 25% of dividend payers in the US market (4.6%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (72.4%), LANC's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (50.6%), LANC's dividend payments are covered by cash flows.


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