Lamb Weston Holdings Declares Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Lamb Weston Holdings (NYSE: LW) declared a quarterly dividend of $0.245 per share, payable on December 2, 2022. Stockholders of record as of the close of business on November 4, 2022 will receive this dividend. The company, a leading supplier of frozen potato products, continues its tradition of innovation, enhancing offerings for restaurants and retailers worldwide.

Positive

• Quarterly dividend declared at $0.245 per share.
• Dividend payment reflects company confidence in financial health.

Negative

• None.

EAGLE, Idaho--(BUSINESS WIRE)-- The Board of Directors of Lamb Weston Holdings, Inc. (NYSE: LW) today declared a quarterly dividend of $0.245 per share of Lamb Weston common stock. The dividend is payable on Dec. 2, 2022, to stockholders of record as of the close of business on Nov. 4, 2022.

About Lamb Weston

Lamb Weston, along with its joint venture partners, 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/20220928006020/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 dividend amount declared by Lamb Weston (LW)?

Lamb Weston declared a quarterly dividend of $0.245 per share.

When will the dividend for Lamb Weston (LW) be paid?

The dividend will be paid on December 2, 2022.

Who is eligible for the Lamb Weston (LW) dividend?

Stockholders of record as of November 4, 2022, are eligible.

How often does Lamb Weston (LW) pay dividends?

Lamb Weston typically pays dividends quarterly.

Is Lamb Weston (LW) committed to paying dividends?

Yes, the declaration of a dividend indicates the company's commitment to returning value to shareholders.