As previously announced, Kellogg Company (K) will raise its quarterly dividend by 3.7 percent to $0.56 per share in 2018.
This marks the 14th consecutive year of dividend increases and the 375th dividend that Kellogg Company has paid to owners of common stock since 1925
The next dividend is payable on September 17, 2018, to shareowners of record at the close of business on September 4, 2018. The new annual dividend of $2.24 per share yields 3.1% at a stock price of $71.40.
Kellogg Company is a manufacturer and marketer of ready-to-eat cereal and convenience foods. The Company's principal products are ready-to-eat cereals and convenience foods, such as cookies, crackers, savory snacks, toaster pastries, cereal bars, fruit-flavored snacks, frozen waffles and veggie foods. The company's brands include Pringles, Cheez-It, Keebler, Special K, Kellogg's Frosted Flakes, Pop-Tarts, Kellogg's Corn Flakes, Rice Krispies, Eggo, Mini-Wheats, Kashi and RXBAR.