Kellanova is a dividend paying company with a current yield of 2.91%. Next payment date is on 13th September, 2024 with an ex-dividend date of 3rd September, 2024.
Key information
2.9%
Dividend yield
90%
Payout ratio
Industry average yield
3.1%
Next dividend pay date
13 Sep 24
Ex dividend date
03 Sep 24
Dividend per share
CHF 2.340
Earnings per share
CHF 2.51
Dividend yield forecast in 3Y
3.0%
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: K's dividends per share have been stable in the past 10 years.
Growing Dividend: K's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Kellanova Dividend Yield vs Market
How does K dividend yield compare to the market?
Segment
Dividend Yield
Company (K)
2.9%
Market Bottom 25% (CH)
1.9%
Market Top 25% (CH)
4.3%
Industry Average (Food)
3.1%
Analyst forecast in 3 Years (K)
3.0%
Notable Dividend: K's dividend (2.91%) is higher than the bottom 25% of dividend payers in the Swiss market (1.88%).
High Dividend: K's dividend (2.91%) is low compared to the top 25% of dividend payers in the Swiss market (4.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (90.4%), K's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (72.8%), K's dividend payments are covered by cash flows.