While not the darling of the market during strong economic times, food brands and consumer staples are all over the dividend champions list. These food companies with typically strong brand power, and serving a basic need of human life (eating), usually exhibit years of steady profits. Today's dividend champion spotlight touches on an example in Lancaster Colony Corporation (LANC). A dividend champion with a hefty 55 year dividend growth streak, Lancaster Colony Corporation is an under the radar food company with a growth runway ahead of it.
source: Lancaster Colony Corporation
Lancaster Colony