Kellogg Company Declares Regular Dividend of $0.49 Per Share

Strategic Insights -

Kellogg Company, the world's leading cereal company, has declared a regular dividend of $0.49 per share, marking the 361st dividend paid to owners of common stock since 1925. The dividend is payable on March 18, 2015, to shareowners of record at the close of business on March 6, 2015. This announcement reflects the company's commitment to returning value to its shareholders.

Key Takeaways:

  • Kellogg Company has declared a regular dividend of $0.49 per share, payable on March 18, 2015.
  • The dividend is the 361st paid to owners of common stock since 1925.
  • The ex-dividend date is March 2, 2015.
  • The dividend is payable to shareowners of record at the close of business on March 6, 2015.
  • Kellogg Company has a long history of returning value to its shareholders through dividends, with 361 dividends paid since 1925.
  • The company's dividend payment reflects its commitment to its shareholders and its financial stability.

Statistics:

  • 361st dividend paid to owners of common stock since 1925, totaling an approximate $13.9 billion in dividend payments.
  • Dividend payout ratio of $14.6 billion in 2014 sales represents a significant portion of the company's revenue.
  • Ex-dividend date of March 2, 2015, marks the date when shares begin trading without the dividend.

Sources:

  • Kellogg Company (NYSE: K)
  • [Kellogg Financial News]
  • [Kellogg Company Website]
  • PR Newswire: http://www.prnewswire.com/news-releases/kellogg-company-declares-regular-dividend-of-049-per-share-300039099.html