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Kellogg Company Declares Regular Dividend of $0.59 per Share

Kellogg Company (NYSE: K) has declared a regular dividend of $0.59 per share on its common stock.

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 regular dividend of $0.59 per share on its common stock. This dividend is set to be paid on December 15, 2022, with a record date of December 1, 2022, and an ex-dividend date of November 30, 2022. This marks the 392nd dividend payment made by Kellogg since 1925, highlighting the company’s commitment to returning value to its shareholders.

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Positive

  • Dividend of $0.59 per share enhances shareholder income.
  • Continued dividend payments reflect strong financial stability.

Negative

  • None.
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+2.02% session move Open Argus
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News Market Reaction – K

The recorded move for K in the trading session of this news was +2.02%.

Data tracked by StockTitan Argus. Session date unavailable.

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BATTLE CREEK, Mich., Oct. 28, 2022 /PRNewswire/ -- Kellogg Company (NYSE: K) today announced that its Board of Directors declared a dividend of $0.59 per share on the common stock of the Company, payable on December 15, 2022, to shareowners of record at the close of business on December 1, 2022. The ex-dividend date is November 30, 2022. This is the 392nd 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 2021 were nearly $14.2 billion, comprised principally of snacks as well as convenience foods like cereal, frozen foods, and noodles. As part of our Kellogg's® Better Days ESG strategy, we're addressing the interconnected issues of wellbeing, climate and food security, creating Better Days for 3 billion people by the end of 2030. Visit www.KelloggCompany.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 declared by Kellogg Company on October 28, 2022?

Kellogg Company declared a dividend of $0.59 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 15, 2022.

What is the record date for Kellogg's dividend?

The record date for the dividend is December 1, 2022.

What is the ex-dividend date for Kellogg's dividend?

The ex-dividend date is November 30, 2022.

How many dividends has Kellogg Company paid since its inception?

Kellogg Company has paid 392 dividends since 1925.

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