Kellogg Company Declares Regular Dividend of $0.59 per Share

Rhea-AI Summary

Kellogg Company (NYSE: K) has declared a quarterly dividend of $0.59 per share, marking a 2% increase from previous dividends. The payment is set for September 15, 2022, with a record date of September 1, 2022. The ex-dividend date is August 31, 2022. This will be the 391st dividend paid by Kellogg since 1925. In 2021, the company reported nearly $14.2 billion in net sales, primarily from snacks and convenience foods.

Positive

• Quarterly dividend increased by 2% to $0.59 per share.
• 391st dividend payment reinforces sustained shareholder returns.
• Strong net sales of approximately $14.2 billion in 2021.

Negative

• None.

BATTLE CREEK, Mich., July 29, 2022 /PRNewswire/ -- Kellogg Company (NYSE: K) today announced that its Board of Directors declared a dividend of $0.59 per share on the common stock of the Company, payable on September 15, 2022, to shareowners of record at the close of business on September 1, 2022.  As the Company previously announced in April, this reflects a 2 percent increase to the quarterly dividend. The ex-dividend date is August 31, 2022. This is the 391^st 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 2021 were nearly $14.2 billion, comprised principally of snacks as well as convenience foods like cereal, frozen foods, and noodles. As part of our Kellogg's® Better Days ESG strategy, we're addressing the interconnected issues of wellbeing, climate and food security, creating Better Days for 3 billion people by the end of 2030. Visit www.KelloggCompany.com.

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SOURCE Kellogg Company

FAQ

What is the dividend amount declared by Kellogg Company for July 2022?

Kellogg Company declared a dividend of $0.59 per share.

When is the dividend payment date for Kellogg's declared dividend?

The dividend payment date is September 15, 2022.

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

The ex-dividend date is August 31, 2022.

How much has Kellogg Company paid in dividends since 1925?

Kellogg Company has paid a total of 391 dividends since 1925.