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Stock impact report

Lamb Weston Holdings Raises Quarterly Dividend

Lamb Weston Holdings, Inc. (LW) 
Last lamb weston holdings, inc. earnings: 4/1 08:30 am Check Earnings Report
US:NYSE Investor Relations: lambweston.com/investors
Company Research Source: Business Wire
EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced today that its Board of Directors has approved an increase to the quarterly dividend. The Board of Directors declared a quarterly dividend of $0.23 per share of Lamb Weston common stock, an approximately 15 percent increase from $0.20 per share in the prior quarter. The dividend is payable on Feb. 28, 2020, to stockholders of record at the close of business on Jan. 31, 2020.In addition, the Company stated that it will continue to target an annual dividend payout ratio of 25 percent to 35 percent of Adjusted Diluted Earnings Per Share.About Lamb WestonLamb Weston is a leading supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. For more than 65 years, Lamb Weston has led the industry in innovation, introducing inventive products that simplify back-of-house management for our customers and make things more delicious for their customers. F Show less Read more
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