Lamb Weston

Lamb Weston is a leading global producer of frozen potato products, above all french fries supplied to restaurant chains, foodservice distributors and retailers. Spun off from Conagra in 2016, it holds a large share of the fast-food fry market and benefits from long-standing relationships with major quick-service customers across North America, Europe and Asia. Since becoming independent the company has paid and increased its dividend each year, supported by steady demand for frozen potato products, while remaining exposed to crop costs and capacity swings. The yield is modest and the record of increases still spans only about a decade. A middling score reflects a dependable but young payout tied to a commodity-sensitive food business.