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
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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.
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.
Details
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BATTLE CREEK, Mich., Oct. 29, 2021 /PRNewswire/ -- Kellogg Company (NYSE: K) today announced that its Board of Directors declared a dividend of
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
[K-DIV] [K-FIN]
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SOURCE Kellogg Company
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