Page title
Section title
- Dividend Yield
- 2%
- Payout Ratio
- 61.63%
- Dividend Amount Per Share
- $3.55
- Last Ex-Dividend Date
- Sep 09, 2024
LANC Dividend Safety
LANC paid out 61.63% of its $159M earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
LANC's Dividend Payout Ratio of 61.632% is considered safe for the Consumer Defensive sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
LANC's Interest Coverage Ratio of 0 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.
Income Quality
LANC shows excellent income quality with a ratio of 2.03. This indicates high-quality earnings and low risk of dividend cuts.
LANC Dividend Growth
Lancaster Colony Corporation(LANC) offers a dividend yield of 2% and pays $3.55 in dividends per share. Explore the historical dividend growth of LANC.
Dividend Stability
LANC has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
LANC's dividend payments have shown moderate growth, growing by 5.155% annually over the last 5 years.
Earnings Growth
LANC's earnings have shown moderate growth, growing by 2.976% annually over the last 5 years. Moderate growth indicates some stability but also potential uncertainty, suggesting that while dividends can continue, significant increases might be less likely.
LANC Dividend Yield Attractiveness
Lancaster Colony Corporation(LANC) provides a dividend yield of 2%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
1.40%
2%
3.17%
4.16%
Dividend Yield
LANC's dividend yield of 2% is considered good compared to the sector average of 4.163%, providing a strong safety margin for investors.
LANC Cash Flow
Over the past 12 months, LANC generated $2B in revenue, produced $184M in free cash flow, and distributed $98M in dividends.
Free Cash Flow Growth
LANC's free cash flow has grown by 15.859% annually over the last 5 years, indicating a strong ability to generate cash and support dividend payments.
LANC Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Lancaster Colony Corporation. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.