NEW YORK - Kellanova (NYSE: K), known for its wide range of snack and breakfast food products, has announced a dividend of $0.56 per share on its common stock. Shareowners of record by the close of business on March 1, 2024, will be eligible for the dividend, which is scheduled for payment on March 15, 2024. The company has established February 29, 2024, as the ex-dividend date.
This latest dividend marks the 397th consecutive payout to Kellanova's shareholders since 1925, underlining the company's long-standing practice of sharing profits with its investors. Kellanova, formerly Kellogg Company (NYSE:K), has been a mainstay in the food industry for over a century, with a portfolio that includes prominent brands such as Pringles, Cheez-It, Pop-Tarts, and Eggo.
Kellanova's financial performance has been robust, with net sales reaching $13 billion in 2023. The company's strategic focus has been on becoming a leading snacks-led powerhouse, leveraging its diverse brand portfolio to drive growth.
The informationin this article is based on a press release statement from Kellanova.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.