June 1, 2010 (FinancialWire) — Lancaster Colony Corporation (NASDAQ: LANC) said that its board of directors has declared a quarterly cash dividend of 30 cents per share on the company's common stock, payable June 30, 2010 to shareholders of record on June 10, 2010.

The board voted to continue the cash dividend at a higher level set six months ago.

John B. Gerlach, Jr., chairman and chief executive officer of Lancaster Colony, noted that the annual payout for the current fiscal year ending June 30, 2010 is $1.18-1/2 per share, up from the $1.13-1/2 per share paid in fiscal 2009.

Lancaster Colony has around 28.249 million common shares outstanding.

Ohio-based Lancaster Colony manufactures and markets specialty foods for the retail and foodservice markets glassware and candles for the retail and foodservice markets

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