Kellogg Declares Fresh Dividend; Yield Is 3.6%
Would you like a little shareholder payout in your cereal? On Friday, Kellogg (NYSE: K) added a few nuggets to its investor bowl by declaring a new quarterly dividend. The company will hand out $0.57 per share on June 15 to stockholders of record as of June 1. At the most recent closing share price, the distribution yields 3.6%.
The amount matches that of the previous three dividend payouts, the most recent of which was dispensed in mid-March. Before that, the comestibles company paid $0.56 per share.
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Source Fool.com
