Kellogg Company (NYSE:K) Updates On Quarterly Dividend


As per Kellogg Company (NYSE:K) statement on 2016-07-29, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.52 per share as dividend to stakeholders. The record date is set as 2016-09-01, the payout date as 2016-09-15 and the ex-dividend date is 2016-08-30.

Last fiscal Kellogg Company (NYSE:K) disbursed cash dividend of $0.52. A year ago, the payout was $0.52, which indicates a difference of 4.2105%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.52, implying 4.8837% growth.

For the period ended on 2015-12-31, Kellogg Company (NYSE:K)’s earnings came at $0.91 per share compared to EPS of $0.85 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $0.88 per share.

The interim price target for Kellogg Company (NYSE:K) is set at $83.285. This level is the mean price reached by averaging the stock views of 7 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Kellogg Company (NYSE:K) is seen at $92 and the lowest level is established at $78. This broad range highlights a standard deviation of $5.648 in reported estimates.

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