DividendNov 12, 2026, 04:16 PM
Marzetti Company Increases Quarterly Dividend to $1.05; Elects Directors
AI Summary
The Marzetti Company announced an increase in its regular quarterly cash dividend to $1.05 per common share, marking 64 consecutive years of dividend increases. The company also reported that shareholders elected three incumbent directors and approved the compensation of named executive officers at the annual meeting. Additionally, Deloitte & Touche LLP was ratified as the independent registered public accounting firm.
Key Highlights
- Marzetti Company increased its regular quarterly cash dividend to $1.05 per common share.
- The dividend will be paid on December 31, 2026, to shareholders of record on December 4, 2026.
- This marks 64 consecutive years of increasing regular cash dividends for the company.
- Shareholders elected three incumbent directors: John B. Gerlach, Jr., Gregory L. Hughes, and Robert P. Ostryniec.
- Shareholders approved the compensation of the named executive officers.
- Deloitte & Touche LLP was ratified as the independent registered public accounting firm for the year ending June 30, 2027.
Price Impact
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