Lamb Weston Holdings (LW) will start paying a quarterly dividend of $0.1875 per share in 2017. Lamb Weston was separated from Conagra Brands this year and will pay its first ever dividend on March 1, 2017 to shareholders of record on January 30, 2017.
Lamb Weston Holdings, Inc. is a supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers worldwide. The company is the number one supplier of value-added frozen potato products in North America and a leading supplier of value-added frozen potato products internationally with French fries representing the majority the product portfolio. Lamb Weston has four reportable segments: Global, Foodservice, Retail, and Other. Lamb Weston became an independent publicly traded company in 2016 when the company was separated from Conagra Brands.