Kellogg Company Declares Regular Dividend of $0.50 per Share and Announces Plans for 4% Dividend Increase
OREANDA-NEWS. Kellogg Company (NYSE: K) today announced that its Board of Directors declared a dividend of $0.50 per share on the common stock of the Company, payable on June 15, 2016, to shareowners of record at the close of business on June 1, 2016. The ex-dividend date is May 27, 2016. This is the 366th dividend that Kellogg Company has paid to owners of common stock since 1925.
In addition, the Company's Board of Directors announced plans to increase the quarterly dividend by four percent to $0.52 per share beginning with the third quarter of 2016.
At Kellogg Company (NYSE: K), we are driven to enrich and delight the world through foods and brands that matter. With 2015 sales of more than $13 billion, Kellogg is the world's leading cereal company; second largest producer of cookies and crackers; a leading producer of savory snacks; and a leading North American frozen foods company. Every day, our well-loved brands nourish families so they can flourish and thrive. These brands include Kellogg's®, Keebler®, Special K®, Pringles®, Kellogg's Frosted Flakes®, Pop-Tarts®, Kellogg's Corn Flakes®, Rice Krispies®, Kashi®, Cheez-It®, Eggo®, Coco Pops®, Mini-Wheats®, and many more.
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