The dividend is payable Dec. 31 to shareholders of record as of Dec. 4. The new payout amounts to $4.20 a share annually and represents a 3.9% yield based on the stock’s opening price of $108.88 on Wednesday.
In section Market Quotes
Marzetti Raises Quarterly Dividend to $1.05 a Share
Marzetti will pay a quarterly dividend of $1.05 a share, a 5% increase from $1.00, with the new amount due to shareholders at the end of December.
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