Kellogg Company Declares Regular Dividend of $0.58 per Share

Rhea-AI Summary

Kellogg Company (NYSE: K) announced a quarterly dividend of $0.58 per share, reflecting a 2% increase from previous dividends. This payment will be made on June 15, 2021, to shareholders recorded by June 1, 2021. The ex-dividend date is set for May 28, 2021. This marks the 386th dividend payment since 1925, showcasing Kellogg's long-standing commitment to returning value to its shareholders. In 2020, the company reported net sales of approximately $13.8 billion, focusing on snacks and convenience foods.

Positive

• Quarterly dividend increased by 2%, boosting shareholder return.
• Continued commitment to dividends with the 386th payment since 1925.

Negative

• None.

BATTLE CREEK, Mich., April 30, 2021 /PRNewswire/ -- Kellogg Company (NYSE: K) today announced that its Board of Directors declared a dividend of $0.58 per share on the common stock of the Company, payable on June 15, 2021, to shareowners of record at the close of business on June 1, 2021.  The ex-dividend date is May 28, 2021.  As the company previously announced in February, this reflects a 2 percent increase to the quarterly dividend. This is the 386^th 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 2020 were approximately $13.8 billion, comprised principally of snacks and convenience foods like cereal, frozen foods, and noodles. As part of our Kellogg's® Better Days purpose platform, we're helping to end hunger and are committed to creating Better Days for 3 billion people by the end of 2030. Visit www.KelloggCompany.com or www.OpenforBreakfast.com.

[K-DIV] [K-FIN]

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/kellogg-company-declares-regular-dividend-of-0-58-per-share-301280865.html

SOURCE Kellogg Company

FAQ

What is the dividend amount declared by Kellogg Company for 2021?

Kellogg Company declared a dividend of $0.58 per share.

When will Kellogg Company pay the dividend?

The dividend will be paid on June 15, 2021.

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

The ex-dividend date is May 28, 2021.

How many years has Kellogg Company been paying dividends?

Kellogg Company has been paying dividends since 1925, marking its 386th dividend.

What were Kellogg Company's net sales for 2020?

Kellogg Company's net sales for 2020 were approximately $13.8 billion.