Lancaster Colony (Lancaster Colony) Dividend Payout Ratio : 0.66 (As of Mar. 2024)

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What is Lancaster Colony Dividend Payout Ratio?

Lancaster Colony's dividend payout ratio for the months ended in Mar. 2024 was 0.66.

The historical rank and industry rank for Lancaster Colony's Dividend Payout Ratio or its related term are showing as below:

LANC' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44 Med: 0.51 Max: 0.76
Current: 0.6

During the past 13 years, the highest Dividend Payout Ratio of Lancaster Colony was 0.76. The lowest was 0.44. And the median was 0.51.

LANC's Dividend Payout Ratio is ranked worse than
70.15% of 918 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs LANC: 0.60

As of today (2024-05-06), the Dividend Yield % of Lancaster Colony is 1.80%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Lancaster Colony was 2.59%. The lowest was 1.29%. And the median was 1.75%.

Lancaster Colony's Dividends per Share for the months ended in Mar. 2024 was $0.90.

During the past 12 months, Lancaster Colony's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Lancaster Colony was 20.90% per year. The lowest was 3.30% per year. And the median was 8.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Lancaster Colony Dividend Payout Ratio Historical Data

The historical data trend for Lancaster Colony's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lancaster Colony Dividend Payout Ratio Chart

Lancaster Colony Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Dividend Payout Ratio

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0.51

0.55

0.59

0.76

0.71

Lancaster Colony Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Dividend Payout Ratio	Get a 7-Day Free Trial															0.96	0.85	0.54	0.48	0.66

Competitive Comparison of Lancaster Colony's Dividend Payout Ratio

For the Packaged Foods subindustry, Lancaster Colony's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lancaster Colony's Dividend Payout Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lancaster Colony's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Lancaster Colony's Dividend Payout Ratio falls into.

Lancaster Colony Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Lancaster Colony's Dividend Payout Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2023 )	/	EPS without NRI (A: Jun. 2023 )
	=	3.35	/	4.746
	=	0.71

Lancaster Colony's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2024 )	/	EPS without NRI (Q: Mar. 2024 )
	=	0.9	/	1.37
	=	0.66

Lancaster Colony (NAS:LANC) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Lancaster Colony Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Lancaster Colony's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Lancaster Colony (Lancaster Colony) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lancaster Colony Corp (NAS:LANC) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

LC1:Germany

Address

380 Polaris Parkway, Suite 400, Westerville, OH, USA, 43082

Website

http://www.lancastercolony.com

Lancaster Colony Corp is a manufacturer and marketer of speciality food products. The company's segments include Retail and Foodservice. By product segment, the company divides its portfolio into non frozen (roughly 70% of net sales) and frozen food. The key products and brands are salad dressing and sauces (Cardini's, Girard's, Marzetti), frozen garlic breads (New York Brand Bakery, Mamma Bella), vegetable dips and fruit dips (Marzetti), frozen parkerhouse-style yeast rolls and dinner rolls (Sister Schubert's, Mary B's), premium dry egg noodles (Amish Kitchen), frozen speciality noodles (Reames, Aunt Vi's), croutons and salad toppings, flatbread wraps, and pizza crusts.

Executives

Knight George F. Iii	director	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Zena Srivatsa Arnold	director	2500 BEE CAVE ROAD, BLDG. 1, SUITE 200, ROLLINGWOOD TX 78746
Luis Viso	officer: Chief Supply Chain Officer	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Kristin Bird	officer: President-Foodservice Division	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Carl R. Stealey	officer: President-T Marzetti Retail	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
David Alan Ciesinski	officer: President & COO	H. J. HEINZ COMPANY, P.O. BOX 57, PITTSBURGH PA 15230
David S. Nagle	officer: SVP-T Marzetti Co Supply Chain	380 POLARIS PARKWAY, WESTERVILLE OH 43082
K. Pigott Thomas	officer: CFO and Asst. Secretary	C/O MGP INGREDIENTS, INC., 100 COMMERCIAL STREET, ATCHISON KS 66002
Alan F Harris	director
Elliot K. Fullen	director	380 POLARIS PARKWAY, SUITE 400, WESTERVILLE OH 43082
Gerlach John B Jr	director, officer: Chairman & CEO	LANCASTER COLONY CORP, 37 W. BROAD ST., COLUMBUS OH 43215
Barbara L Brasier	director	C/O MEADWESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Michael H Keown	director	P O BOX 77057, FORT WORTH TX 76177
Timothy A. Tate	officer: SVP-TMarzettiFoodservice Sales	380 POLARIS PARKWAY, WESTERVILLE OH 43082
Neeli Bendapudi	director	FISHER COLLEGE OF BUSINESS, 556 FISHER H, 2100 NEIL AVENUE, COLUMBUS OH 43210