Lamb Weston raises its quarterly payout by 2.7% to $0.38, marking a forward yield of 3.09%.
Lamb Weston announced a 2.7% increase in its quarterly dividend to $0.38 per share, up from $0.37 previously. The move reflects the company’s ongoing commitment to returning value to shareholders amid stable cash flow.
The new dividend represents a forward yield of 3.09%, based on current share prices. The payout will be distributed on September 4 to shareholders of record as of August 7, with the ex-dividend date also set for August 7.
The increase follows a consistent pattern of modest dividend growth, aligning with prior adjustments in recent quarters.