Lamb Weston Holdings Declares Quarterly Dividend for Shareholders
Lamb Weston Holdings, Inc. Declares Latest Dividend
Lamb Weston Holdings, Inc. (NYSE: LW) has made an announcement that showcases its dedication to its shareholders. The company’s Board of Directors recently declared a quarterly dividend of $0.36 per share for its common stock. This decision is a testament to Lamb Weston’s strong financial position and ongoing commitment to returning value to its stockholders.
Dividend Payment Details
The dividend is scheduled to be paid on November 29, 2024, to all stockholders who are on record by the close of business on November 1, 2024. This timely announcement allows shareholders to anticipate their dividends and reflects Lamb Weston’s stability and successful operational strategies in the competitive market.
About Lamb Weston Holdings
Lamb Weston is a prominent name in the food industry, specializing in frozen potato, sweet potato, appetizer, and vegetable products. For over 70 years, Lamb Weston has positioned itself as a leader, pioneering innovative solutions that not only meet the needs of restaurants and retailers globally but also enhance the dining experience for consumers. The company is deeply committed to quality, ensuring that its products are sourced from the best crops and designed to make meal preparation easier for its clients.
Innovation and Sustainability
Innovation is at the heart of Lamb Weston’s operation. By actively fostering partnerships with customers, the company works tirelessly to identify and implement creative solutions, constantly improving the efficiency of kitchen operations. Lamb Weston views every potato as a potential new product or culinary experience waiting to happen.
Looking Towards the Future
As Lamb Weston continues to adapt to the evolving market demands, it remains dedicated to sustainability initiatives and responsible sourcing. Emitting a message of growth and opportunity, Lamb Weston is not just focused on the present but is also shaping the future of frozen food products. The company's approach to innovation and customer engagement solidifies its status as a trusted partner in the food service industry.
Frequently Asked Questions
What is the announced quarterly dividend by Lamb Weston?
The announced quarterly dividend is $0.36 per share for Lamb Weston common stock.
When will the dividend be paid out?
The dividend is scheduled to be paid on November 29, 2024.
Who will receive the dividend?
Stockholders of record as of the close of business on November 1, 2024, will receive the dividend.
What products does Lamb Weston offer?
Lamb Weston offers frozen potato products, sweet potatoes, appetizers, and vegetable products.
How long has Lamb Weston been in operation?
Lamb Weston has been in the industry for over 70 years, leading in innovation and product quality.
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