 |
 |
 |
|
|
|
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
  Featured MNV Articles:
| LANC Dividend Yield Pushes Above 2%By Dividend Channel Staff, Wednesday, October 24, 3:07 PM ET
In trading on Wednesday, shares of Lancaster Colony Corp. (NASDAQ:LANC) were yielding above the 2% mark based on its quarterly dividend (annualized to $1.44), with the stock changing hands as low as $71.32 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 2% would appear considerably attractive if that yield is sustainable. Lancaster Colony Corp. (NASDAQ:LANC) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Lancaster Colony Corp., looking at the history chart for LANC below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2% annual yield.
Special Offer: Add income and energy exposure to your portfolio with a 30 day free trial to Frank Bifulco's Oil & Gas Income Portfolio According to the ETF Finder at ETF Channel, LANC makes up 1.35% of the Dynamic Consumer Staples Sector Portfolio ETF (AMEX:PSL) which is trading relatively unchanged on the day Wednesday. See what other ETFs contain LANC »
Find the right mix of model portfolios today at PortfolioChannel.com
This Article's Word Cloud:
AMEX
Colony
Corp
Dividends
ETFs
LANC
Lancaster
Portfolio
Russell
Wednesday
Yields
about
above
amounts
annual
back
company
comparison
consider
dividend
dividends
each
escape
fillColor
gridColor
have
important
leftLabelsEvery
likely
most
other
over
period
purchased
return
share
shares
showVolumeTable
stock
that
total
trading
unchanged
what
whether
with
would
years
yield
your
|
Now Playing:
The Importance of Dividends
Start slideshow: