Kellogg Company Declares Regular Dividend of $0.59 per Share
Kellogg Company (NYSE: K) announced a dividend of $0.59 per share on February 17, 2023, which will be payable on March 15, 2023.
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) announced a dividend of $0.59 per share on February 17, 2023, which will be payable on March 15, 2023. Shareowners must be on record by the close of business on March 1, 2023, with the ex-dividend date set for February 28, 2023. This marks the 393rd dividend paid by Kellogg since 1925. The company reported net sales exceeding $15.3 billion in 2022, primarily from snacks and convenience foods. Kellogg is committed to creating Better Days for 3 billion people by 2030 through its ESG strategy.
Positive
- Declared a dividend of $0.59 per share, reflecting commitment to shareholder returns.
- Demonstrates strong financial performance with net sales over $15.3 billion in 2022.
Negative
- None.
Details
News Market Reaction – K
The recorded move for K in the trading session of this news was +2.30%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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