Kellogg Company Declares Regular Dividend of $0.57 per Share
Kellogg Company (NYSE: K) declared a regular dividend of $0.57 per share on October 23, 2020, with payment scheduled for December 15, 2020.
Sentiment and the balance of points
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Rhea-AI Summary
Kellogg Company (NYSE: K) declared a regular dividend of $0.57 per share on October 23, 2020, with payment scheduled for December 15, 2020. Shareowners on record by December 1, 2020, are eligible, and the ex-dividend date is November 30, 2020. This marks the 384th dividend payment since 1925, reflecting Kellogg's commitment to return value to shareholders. In 2019, Kellogg's net sales reached approximately $13.6 billion, primarily from snacks and convenience foods.
Positive
- Declared a dividend of $0.57 per share.
- Continuing a long history of dividend payments with the 384th since 1925.
- Net sales of approximately $13.6 billion in 2019, indicating strong revenue.
Negative
- None.
Details
News Market Reaction – K
The recorded move for K in the trading session of this news was +0.60%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BATTLE CREEK, Mich., Oct. 23, 2020 /PRNewswire/ -- Kellogg Company (NYSE: K) today announced that its Board of Directors declared a dividend of
About Kellogg Company
At Kellogg Company (NYSE: K), we strive to enrich and delight the world through foods and brands that matter. Our beloved brands include Pringles®, Cheez-It®, Special K®, Kellogg's Frosted Flakes®, Pop-Tarts®, Kellogg's Corn Flakes®, Rice Krispies®, Eggo®, Mini-Wheats®, Kashi®, RXBAR®, MorningStar Farms® and more. Net sales in 2019 were approximately
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SOURCE Kellogg Company
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