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WK Kellogg Co Declares Quarterly Dividend of $0.16 per Share

WK Kellogg Co (NYSE: KLG) has declared a quarterly dividend of $0.16 per share on its common stock.

(Neutral)

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

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.

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Positive

  • Regular dividend payment indicates financial stability
  • Consistent shareholder value return through dividends

Negative

  • None.
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+0.29% session move Open Argus
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News Market Reaction – KLG

The recorded move for KLG in the trading session of this news was +0.29%.

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BATTLE CREEK, Mich., Aug. 1, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today announced that its Board of Directors declared a dividend of $0.16 per share on the common stock of WK Kellogg Co, payable on September 13, 2024, to shareowners of record at the close of business on August 29, 2024. The ex-dividend date is August 29, 2024.

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 North America, our brands play a key role in enhancing the lives of millions of consumers every day, promoting a strong sense of physical, emotional and societal wellbeing. Our beloved brand characters, including Tony the Tiger® and Toucan Sam®, represent our deep connections with the consumers and communities we serve. Through our sustainable business strategy – Feeding Happiness™ – we aim to build healthier and happier futures for families, kids and communities. We are making a positive impact, while creating foods that bring joy and nourishment to consumers. For more information about WK Kellogg Co and Feeding Happiness, visit www.wkkellogg.com. 

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SOURCE WK Kellogg Co

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for WK Kellogg Co (KLG) in Q3 2024?

WK Kellogg Co (KLG) has declared a quarterly dividend of $0.16 per share for Q3 2024.

When is the payment date for WK Kellogg Co's (KLG) Q3 2024 dividend?

The payment date for WK Kellogg Co's (KLG) Q3 2024 dividend is September 13, 2024.

What is the record date for WK Kellogg Co's (KLG) latest dividend?

The record date for WK Kellogg Co's (KLG) latest dividend is August 29, 2024, at the close of business.

What is the ex-dividend date for WK Kellogg Co's (KLG) Q3 2024 dividend?

The ex-dividend date for WK Kellogg Co's (KLG) Q3 2024 dividend is August 29, 2024.

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