Kellogg Company Declares Regular Dividend of $0.58 per Share
Kellogg Company (NYSE: K) has declared a $0.58 dividend per share on its common stock, with payment scheduled for September 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.
Rhea-AI Summary
Kellogg Company (NYSE: K) has declared a $0.58 dividend per share on its common stock, with payment scheduled for September 15, 2021. Shareholders on record as of September 1, 2021 will qualify for this dividend, and the ex-dividend date is set for August 31, 2021. This marks the 387th consecutive dividend paid by Kellogg since 1925. In 2020, the company reported net sales of approximately $13.8 billion, primarily from snacks and convenience foods.
Positive
- Declaring a dividend of $0.58 per share indicates strong cash flow.
- The dividend payment reflects the company's 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 +0.48%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BATTLE CREEK, Mich., July 30, 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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