1. KLG increases quarterly dividend by 3% to $0.165 per share. 2. Dividends are payable on March 14, 2025, to eligible shareholders. 3. KLG maintains strong brand portfolio, enhancing consumer connections. 4. The increase in dividends reflects KLG's commitment to shareholder value. 5. KLG focuses on sustainable practices to promote overall wellbeing.
Increasing dividends typically signals strong financial health. Similar moves historically boosted stock prices.
Dividends are crucial for investor attraction; this significant increase indicates financial growth.
Dividend increases can influence immediate investor sentiment and stock demand. Previous increases led to short-term price spikes.
/PRNewswire/ -- WK Kellogg Co (NYSE: KLG) today announced that its Board of Directors has approved an increase in its quarterly dividend to $0.165 per share on the common stock of WK Kellogg Co, an increase of 3% from the prior quarterly dividend of $0.16 per share. The quarterly dividend is payable on March 14, 2025, to shareowners of record at the close of business on February 28, 2025. The ex-dividend date is February 28, 2025.
At WK Kellogg Co, we bring our best to everyone, every day through our trusted foods and brands. Our journey began in 1894, when our founder W.K. Kellogg reimagined the future of food with the creation of Corn Flakes, changing breakfast forever. Our iconic brand portfolio includes Kellogg's Frosted Flakes®, Rice Krispies®, Froot Loops®, Kashi®, Special K®, Kellogg's Raisin Bran®, and Bear Naked®. With a presence in the majority of households across North America, our brands play a key role in enhancing the lives of millions of consumers every day, promoting a strong sense of physical, emotional and societal wellbeing.
Our beloved brand characters, including Tony the Tiger® and Toucan Sam®, represent our deep connections with the consumers and communities we serve. Through our sustainable business strategy – Feeding Happiness™ – we aim to build healthier and happier futures for families, kids and communities. We are making a positive impact, while creating foods that bring joy and nourishment to consumers. For more information about WK Kellogg Co and Feeding Happiness, visit www.wkkellogg.com.
SOURCE WK Kellogg Co