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Cash Dividend On The Way From Lancaster Colony Corp. (LANC)
By Dividend Channel Staff, Tuesday, December 4, 11:34 AM ET
On 12/6/12, Lancaster Colony Corp. (NASDAQ:LANC) will trade ex-dividend, for its quarterly dividend of $0.38, payable on 12/28/12. As a percentage of LANC's recent stock price of $77.06, this dividend works out to approximately 0.49%.
Below is a dividend history chart for LANC, showing historical dividends prior to the most recent $0.38 declared by Lancaster Colony Corp.:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LANC is likely to continue, and whether the current estimated yield of 1.97% on annualized basis is a reasonable expectation of annual yield going forward.
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According to the ETF Finder at ETF Channel, LANC makes up 1.38% of the Dynamic Consumer Staples Sector Portfolio ETF (AMEX:PSL) which is trading relatively unchanged on the day Tuesday.
See what other ETFs contain LANC »
See what other stocks are held by PSL »
In Tuesday trading, Lancaster Colony Corp. shares are currently up about 0.2% on the day.
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