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Stock impact report

Lamb Weston Holdings Raises Quarterly Dividend and Announces Share Repurchase Program

Lamb Weston Holdings, Inc. (LW) 
Last lamb weston holdings, inc. earnings: 4/1 08:30 am Check Earnings Report
US:NYSE Investor Relations: lambweston.com/investors
Company Research Source: Business Wire
EAGLE, Idaho--(BUSINESS WIRE)-- Lamb Weston Holdings, Inc. (NYSE: LW) announced today that its Board of Directors has approved an increase in the quarterly dividend and a share repurchase program. Dividend The Board of Directors declared a quarterly dividend of $0.20 per share of Lamb Weston common stock, an approximately 5 percent increase from $0.19125 per share in the prior quarter. The dividend is payable on March 1, 2019 to stockholders of record at the close of business on February 1, 2019. In addition, the Company stated that it will continue to target an annual dividend payout ratio of 25 percent to 35 percent of Adjusted Diluted Earnings Per Share. Share Repurchase The Board of Directors also authorized the Company to repurchase up to $250 million of its common stock. The program has no expiration date. Under the share repurchase program, the Com Show less Read more
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