The Marzetti Company announced a quarterly cash dividend of $1.00 per common share, continuing its 63-year streak of increasing dividends.
Shareholders reelected four incumbent directors at the annual meeting.
CEO David A. Ciesinski highlighted the company's strong financial position and the 250th consecutive quarterly dividend payment since 1963.
Quarterly Dividend Increase
Declared a $1.00 per common share dividend, marking 63 years of consecutive increases.
Director Reelections
Shareholders reelected four incumbent directors at the annual meeting.
Financial Strength
CEO emphasized the company's strong financial position with a history of consistent dividend payments.
- The announcement of the dividend increase showcases the company's stability and commitment to shareholder value.
- Continuing the streak of dividend increases for over six decades reflects the company's long-term financial success.
The Marzetti Company's decision to increase dividends and reelect directors demonstrates confidence in its financial performance and commitment to shareholders.