Lamb Weston hikes dividend by 2.7%
The latest increase marks nine consecutive years of dividend growth for Lamb Weston. In the prior year, the dividend was increased by 2.8%, while the dividend has expanded at a five-year compound annual growth rate of 10%. At a share price of $42.89, the dividend corresponds to a yield of approximately 3.5%. The ex-dividend date is January 30, 2026.
Based on the current payout level, Lamb Weston’s annual dividend distribution amounts to approximately $212 million. The company’s shares are down about 32.5% year-to-date.
Lamb Weston is a global supplier of frozen potato products, serving foodservice operators and retailers worldwide. More information is available on the website of Lamb Weston.
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