Snyders-Lance(LNCE) is having a Dividend Yield of 1.65% with the Annual cash Dividend per share of $0.64. The last quarter cash dividend per share pay out was $0.16. Snyders-Lance has a 5 year average dividend yield of 2.23% and the stock has a Indicated annual dividend of $0.64. Snyders-Lance(LNCE) formally announced its most recent dividend on February 10, 2017 with a Dividend per share of $0.16. The new indicated annual dividend based on announced dividend per share is $0.64. The dividend yield based on the forward looking indicated annual dividend is 1.65%. Snyders-Lance(LNCE) has the most recent dividend payout ratio of 0.53 with a 5-year average payout ratio of 0.63.
Snyders-Lance, Inc. (NASDAQ:LNCE) rose 1.26% or 0.49 points on Thursday and made its way into the gainers of the day. After trading began at $38.88 the stock was seen hitting $39.35 as a peak level and $38.58 as the lowest level. The stock ended up at $39.34. The daily volume was measured at 730,533 shares. The 52-week high of the share price is $39.74 and the 52-week low is $28.92. The company has a market cap of $3,786 million. Snyders-Lance, Inc. has dropped 0.28% in the last five trading days, however, the shares have posted positive gains of 1.37% in the last 4 weeks. Snyders-Lance, Inc. is up 5.36% in the last 3-month period. Year-to-Date the stock performance stands at 2.61%.
Currently the company Insiders own 18.6% of Snyders-Lance, Inc. shares according to the proxy statements. Institutional Investors own 60.85% of Snyders-Lance, Inc. shares. Company has reported several Insider transactions to the SEC, on Dec 7, 2016, Brian J Driscoll (director) sold 5,000 shares at 36.25 per share price.On Sep 14, 2016, John E Denton (director) sold 6,932 shares at 33.94 per share price.On Aug 12, 2016, Peter P Brubaker (director) sold 4,000 shares at 36.00 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Snyder's-Lance Inc was Initiated by Deutsche Bank on Feb 15, 2017 to Buy, Price Target of the shares are set at $43.
Snyder's-Lance Inc Last issued its quarterly earnings results on Feb 13, 2017. The company reported $0.38 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.40. The company had revenue of $652.60 million for the quarter, compared to analysts expectations of $635.89 million. The companys revenue was up 60.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.
Synders-Lance Inc, formerly known as Lancer Inc, is engaged in the manufacture, market and distribution of a variety of branded and private label snack foods and bakery products. Products include branded sandwich crackers, sandwich cookies, restaurant crackers and bread basket items, candy, chips, meat snacks, nuts and private label cookies and crackers. Products are packaged as individual, single servings and as larger packages or multi-pack configurations and are distributed to grocery stores, convenience stores, vending machines, food service institutions, and through up and down the street outlets .