Lancaster Colony raises dividend to 85c from 80c per share

Lancaster Colony announced that its board of directors has declared a quarterly cash dividend of 85c per common share, which it said marks "60 consecutive years of increasing regular cash dividends." Lancaster added that the company is "one of only 13 U.S. companies with 60 straight years of regular cash dividend increases." The dividend will be payable December 30 to shareholders of record on December 5.