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Kellogg Company Declares Regular Dividend of $0.58 per Share

Kellogg Company (NYSE: K) has declared a dividend of $0.58 per share, payable on December 15, 2021.

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

Kellogg Company (NYSE: K) has declared a dividend of $0.58 per share, payable on December 15, 2021. Shareholders must be on record by the close of business on December 1, 2021, with the ex-dividend date set for November 30, 2021. This marks Kellogg's 388th dividend payment since 1925. The company reported net sales of approximately $13.8 billion in 2020, primarily from snacks and convenience foods.

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Positive

  • Declared a quarterly dividend of $0.58 per share, signaling financial stability and shareholder returns.
  • Historical dividend payment indicates a long-standing commitment to returning value to shareholders.

Negative

  • None.
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News Market Reaction – K

The recorded move for K in the trading session of this news was +1.40%.

Data tracked by StockTitan Argus. Session date unavailable.

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BATTLE CREEK, Mich., Oct. 29, 2021 /PRNewswire/ -- Kellogg Company (NYSE: K) today announced that its Board of Directors declared a dividend of $0.58 per share on the common stock of the Company, payable on December 15, 2021, to shareowners of record at the close of business on December 1, 2021.  The ex-dividend date is November 30, 2021.  This is the 388th dividend that Kellogg Company has paid to owners of common stock since 1925.

About Kellogg Company

At Kellogg Company (NYSE: K), our vision is a good and just world where people are not just fed but fulfilled. We are creating better days and a place at the table for everyone through our trusted food brands. 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 2020 were approximately $13.8 billion, comprised principally of snacks and convenience foods like cereal, frozen foods, and noodles. As part of our Kellogg's® Better Days purpose platform, we're helping to end hunger and are committed to creating Better Days for 3 billion people by the end of 2030. Visit www.KelloggCompany.com or www.OpenforBreakfast.com.

[K-DIV] [K-FIN]

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SOURCE Kellogg Company

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by Kellogg Company (K)?

Kellogg Company declared a dividend of $0.58 per share.

When is the dividend payable for Kellogg Company (K)?

The dividend is payable on December 15, 2021.

What is the ex-dividend date for Kellogg Company (K)?

The ex-dividend date is November 30, 2021.

How long has Kellogg Company been paying dividends?

Kellogg Company has paid dividends continuously since 1925, marking the 388th payment.

When do shareholders need to be on record to receive the dividend from Kellogg Company (K)?

Shareholders need to be on record by the close of business on December 1, 2021.

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