Kellogg Company Declares Regular Dividend of $0.57 per Share

Rhea-AI Summary

Kellogg Company (NYSE: K) declared a regular dividend of $0.57 per share on October 23, 2020, with payment scheduled for December 15, 2020. Shareowners on record by December 1, 2020, are eligible, and the ex-dividend date is November 30, 2020. This marks the 384th dividend payment since 1925, reflecting Kellogg's commitment to return value to shareholders. In 2019, Kellogg's net sales reached approximately $13.6 billion, primarily from snacks and convenience foods.

Positive

• Declared a dividend of $0.57 per share.
• Continuing a long history of dividend payments with the 384th since 1925.
• Net sales of approximately $13.6 billion in 2019, indicating strong revenue.

Negative

• None.

BATTLE CREEK, Mich., Oct. 23, 2020 /PRNewswire/ -- Kellogg Company (NYSE: K) today announced that its Board of Directors declared a dividend of $0.57 per share on the common stock of the Company, payable on December 15, 2020, to shareowners of record at the close of business on December 1, 2020.  The ex-dividend date is November 30, 2020.  This is the 384^th dividend that Kellogg Company has paid to owners of common stock since 1925.

About Kellogg Company

At Kellogg Company (NYSE: K), we strive to enrich and delight the world through foods and brands that matter. 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 2019 were approximately $13.6 billion, comprised principally of snacks and convenience foods like cereal and frozen foods. Kellogg brands are beloved in markets around the world. We are also a company with Heart & Soul, committed to creating Better Days for 3 billion people by the end of 2030 through our Kellogg's® Better Days global purpose platform. Visit www.KelloggCompany.com or www.OpenforBreakfast.com.

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SOURCE Kellogg Company

FAQ

What is the dividend amount declared by Kellogg Company?

Kellogg Company declared a dividend of $0.57 per share.

When will the dividend be paid?

The dividend will be paid on December 15, 2020.

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

The ex-dividend date is November 30, 2020.

How many dividends has Kellogg Company paid since its inception?

Kellogg Company has paid 384 dividends since 1925.

What were Kellogg's net sales in 2019?

Kellogg's net sales in 2019 were approximately $13.6 billion.