On February 6, 2025, WK Kellogg Co announced that its Board of Directors approved a 3% increase in its quarterly dividend. The new dividend rate is set at $0.165 per share on the common stock of WK Kellogg Co, up from the previous $0.16 per share.
The increased quarterly dividend is scheduled to be payable on March 14, 2025. Shareowners of record at the close of business on February 28, 2025, will be eligible to receive this payment.
This dividend increase signals management's confidence in the company's financial stability and its ability to generate consistent cash flow. For investors, this represents a commitment to returning capital and can enhance the attractiveness of the company's stock.
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