Lancaster Colony Dividends and Buybacks
Dividend criteria checks 5/6
Lancaster Colony is a dividend paying company with a current yield of 1.99% that is well covered by earnings. Next payment date is on 31st December, 2024 with an ex-dividend date of 5th December, 2024.
Key information
2.0%
Dividend yield
0.1%
Buyback Yield
| Total Shareholder Yield | 2.1% |
| Future Dividend Yield | 2.3% |
| Dividend Growth | 0.5% |
| Next dividend pay date | 31 Dec 24 |
| Ex dividend date | 05 Dec 24 |
| Dividend per share | US$3.600 |
| Payout ratio | 62% |
Recent dividend and buyback updates
Recent updates
Lancaster Colony: A Great Consumer Food Business Comes At A Price
Nov 21Lancaster Colony Corporation's (NASDAQ:LANC) Business Is Trailing The Market But Its Shares Aren't
Oct 29
Why You Should Care About Lancaster Colony's (NASDAQ:LANC) Strong Returns On Capital
Sep 18Lancaster Colony Corporation (NASDAQ:LANC) Just Released Its Full-Year Earnings: Here's What Analysts Think
Aug 25I Have Soured On Lancaster Colony
Aug 23Calculating The Intrinsic Value Of Lancaster Colony Corporation (NASDAQ:LANC)
Jun 28Lancaster Colony: Consolidation Looks Likely Over The Near Term
Jun 11Returns On Capital At Lancaster Colony (NASDAQ:LANC) Have Stalled
Apr 20Lancaster Colony Is Fundamentally Sound But A Bit Overpriced
Feb 23Market Participants Recognise Lancaster Colony Corporation's (NASDAQ:LANC) Earnings
Feb 01Be Wary Of Lancaster Colony (NASDAQ:LANC) And Its Returns On Capital
Jan 10Lancaster Colony: Upside Is Limited From Here
Oct 18Lancaster Colony Non-GAAP EPS of $1.35 beats by $0.55, revenue of $452.41M beats by $36.88M
Aug 25Stability 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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LANC) | 2.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Food) | 3.5% |
| Analyst forecast (LANC) (up to 3 years) | 2.3% |
Notable Dividend: LANC's dividend (1.99%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: LANC's dividend (1.99%) is low compared to the top 25% of dividend payers in the US market (4.5%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (62.1%), LANC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (58.7%), LANC's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 04:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lancaster Colony Corporation is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Todd Brooks | Benchmark Company |
| Andrew Wolf | CL King & Associates, Inc. |