The dividend is covered by both profit and cash flow, sugges...
The dividend is covered by both profit and cash flow, suggesting it is sustainable as long as earnings don't drop significantly. However, the lack of earnings growth is not encouraging for the dividend perspective, making it less attractive for investors.
It Might Not Be A Great Idea To Buy Lancaster Colony Corporation (NASDAQ:LANC) For Its Next Dividend
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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