Kellogg (K) Declares $0.50 Quarterly Dividend; Plans 4% Dividend Hike in Q316

Kellogg (NYSE: K) declared a quarterly dividend of $0.50 per share, or $2 annualized.

The dividend will be payable on June 15, 2016, to stockholders of record on June 1, 2016, with an ex-dividend date of May 27, 2016.

The annual yield on the dividend is 2.6 percent.

In addition, the Company's Board of Directors announced plans to increase the quarterly dividend by four percent to $0.52 per share beginning with the third quarter of 2016.

For a dividend history and other dividend-related data on Kellogg (K) click here.

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