Reported 2 days ago
Lancaster Colony Corporation (NASDAQ:LANC) stands out as one of the best Dividend Kings to consider for safe dividend growth, boasting a five-year annual average dividend growth rate of 6.5%. Despite the challenges in the broader market, dividend stocks like LANC have shown resilience and lower volatility, making them attractive for income-focused investors. In fiscal Q2 2025, the company reported significant revenue growth and maintained a strong cash position, reinforcing its commitment to a consistent dividend payout. LANC's ongoing innovations in the food sector further bolster its competitive edge and stability.
Source: YAHOO