WK Kellogg Co Declares Quarterly Dividend of $0.16 per Share
Rhea-AI Summary
WK Kellogg Co (NYSE: KLG) has declared a quarterly dividend of $0.16 per share on its common stock. The dividend will be payable on September 13, 2024, to shareholders of record at the close of business on August 29, 2024. The ex-dividend date is also set for August 29, 2024. This announcement demonstrates the company's commitment to returning value to its shareholders through regular dividend payments.
Positive
- Regular dividend payment indicates financial stability
- Consistent shareholder value return through dividends
Negative
- None.
News Market Reaction
On the day this news was published, KLG gained 0.29%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
About WK Kellogg Co
At WK Kellogg Co, we bring our best to everyone, every day through our trusted foods and brands. Our journey began in 1894, when our founder W.K. Kellogg reimagined the future of food with the creation of Corn Flakes, changing breakfast forever. Our iconic brand portfolio includes Kellogg's Frosted Flakes®, Rice Krispies®, Froot Loops®, Kashi®, Special K®, Kellogg's Raisin Bran®, and Bear Naked®. With a presence in the majority of households across
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SOURCE WK Kellogg Co