WK Kellogg Co Boosts Dividend for Shareholders

Author: Dylan Bailey Updated: 02-06-2025 04:10 PM

WK Kellogg Co Announces Dividend Increase

WK Kellogg Co (NYSE: KLG) has recently made an important announcement regarding its quarterly dividend for shareholders. The company's Board of Directors has approved a notable increase, raising the dividend from $0.16 to $0.165 per share. This 3% increase demonstrates the company's ongoing commitment to returning value to its investors.

Details of the Dividend Increase

The new dividend rate will come into effect on March 14, 2025, benefiting shareowners who are on record at the close of business on February 28, 2025. For those interested in the finer details, the ex-dividend date is also February 28, 2025, marking the last day when one can purchase shares and receive the upcoming dividend.

About WK Kellogg Co

Established in 1894, WK Kellogg Co has been a pioneer in the food industry, particularly with its innovative approach to breakfast foods. The company's flagship product, Corn Flakes, revolutionized morning meals and set the stage for a wide array of beloved cereals. Today, WK Kellogg's product lineup includes trusted names such as Kellogg's Frosted Flakes, Rice Krispies, Froot Loops, Kashi, Special K, Kellogg's Raisin Bran, and Bear Naked.

Commitment to Wellbeing and Community

WK Kellogg Co takes pride in its mission to bring happiness through nutrition. With a presence in the majority of North American households, the brand is integral to millions of consumers' lives, nurturing physical, emotional, and societal wellbeing. Through its iconic characters like Tony the Tiger and Toucan Sam, WK Kellogg Co strengthens its bond with everyday families and communities.

Feeding Happiness Initiative

The company’s sustainable business strategy, known as Feeding Happiness, is a core component of its ethos. This initiative aims to foster healthier and happier futures not just for families but also for entire communities. WK Kellogg Co continues to focus on making a positive impact by providing delightful foods that nourish the body and mind.

Looking Ahead

With its robust portfolio and unwavering commitment to quality, WK Kellogg Co is poised for continued success in the coming years. Investors can take confidence in the company’s ability to adapt and thrive, evidenced by the recent dividend increase. This move signals WK Kellogg's strong financial performance and dedication to enhancing shareholder value moving forward.

Frequently Asked Questions

What is the new dividend payout announced by WK Kellogg Co?

The new quarterly dividend payout is $0.165 per share, reflecting a 3% increase from the previous dividend of $0.16.

When will the new dividend be payable?

The dividend will be payable on March 14, 2025, to shareholders of record on February 28, 2025.

What are some iconic brands under WK Kellogg Co?

Some of the well-known brands include Kellogg's Frosted Flakes, Rice Krispies, Froot Loops, Kashi, and Special K.

What is Feeding Happiness?

Feeding Happiness is WK Kellogg Co’s sustainable business strategy focused on promoting healthier lifestyles for families and communities.

How has WK Kellogg Co adapted over the years?

The company has continually innovated its products and expanded its offerings to meet evolving consumer preferences, ensuring long-term success.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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