Lamb Weston Holdings Announces Quarterly Dividend

Rhea-AI Summary

Lamb Weston Holdings (NYSE: LW), a leading potato products company, has announced a quarterly dividend of $0.36 per share of common stock. The dividend will be paid on August 30, 2024, to stockholders of record at the close of business on August 2, 2024. This announcement demonstrates Lamb Weston's commitment to returning value to shareholders and reflects the company's financial stability. The consistent dividend payout suggests confidence in the company's future cash flow and operational performance.

Positive

• Consistent dividend payout indicates financial stability
• Shareholders to receive $0.36 per share, providing income
• Dividend announcement signals company confidence in future performance

Negative

• None.

EAGLE, Idaho--(BUSINESS WIRE)-- The Board of Directors of Lamb Weston Holdings, Inc. (NYSE: LW) today declared a quarterly dividend of $0.36 per share of Lamb Weston common stock. The dividend is payable on Aug. 30, 2024 to stockholders of record as of the close of business on Aug. 2, 2024.

About Lamb Weston

Lamb Weston is a leading supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. For more than 70 years, Lamb Weston has led the industry in innovation, introducing inventive products that simplify back-of-house management for its customers and make things more delicious for their customers. From the fields where Lamb Weston potatoes are grown to proactive customer partnerships, Lamb Weston always strives for more and never settles. Because, when we look at a potato, we see possibilities. Learn more about us at lambweston.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240718193968/en/

Investor Relations:

Dexter Congbalay

224-306-1535

Dexter.Congbalay@lambweston.com

Media:

Shelby Stoolman

208-424-5461

shelby.stoolman@lambweston.com

Source: Lamb Weston Holdings, Inc.

FAQ

What is the amount of Lamb Weston's (LW) quarterly dividend for August 2024?

Lamb Weston Holdings (LW) has declared a quarterly dividend of $0.36 per share of common stock for August 2024.

When will Lamb Weston (LW) pay its next quarterly dividend?

Lamb Weston (LW) will pay its next quarterly dividend on August 30, 2024.

What is the record date for Lamb Weston's (LW) August 2024 dividend?

The record date for Lamb Weston's (LW) August 2024 dividend is August 2, 2024, at the close of business.

How often does Lamb Weston Holdings (LW) pay dividends?

Based on the announcement of a quarterly dividend, Lamb Weston Holdings (LW) appears to pay dividends on a quarterly basis.