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LANCASTER COLONY DECLARES CASH DIVIDEND

 COLUMBUS, Ohio, Aug. 20 /PRNewswire/ -- The board of directors of Lancaster Colony Corporation (NASDAQ: LANC) today declared a quarterly cash dividend of 13 cents per share payable Sept. 30, 1993, to shareholders of record on Sept. 10, 1993.
 John B. Gerlach, president of Lancaster Colony, said, "This board action maintains the slightly higher payout set with the previous dividend and brings the indicated payout for the new fiscal year to 52 cents per share." In the previous fiscal year ended June 30, 1993, the company paid cash dividends totaling 49.75 cents per share.
 He pointed out that Lancaster Colony has increased the cash dividend each year for 30 years, and that the September payment will be the company's 121st consecutive quarterly dividend paid since September 1963.
 Common shares currently outstanding are 22,670,479.
 -0- 8/20/93
 /CONTACT: John B. Gerlach, president of Lancaster Colony Corporation, 614-224-7141; or Investor Relations Consultants, Inc., 813-796-1452/
 (LANC)


CO: Lancaster Colony Corporation ST: Ohio IN: SU: DIV

AW -- FL003 -- 4626 08/20/93 09:15 EDT
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Publication:PR Newswire
Date:Aug 20, 1993
Words:174
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