Kellanova Dividend
Dividend criteria checks 4/6
Kellanova is a dividend paying company with a current yield of 2.9%.
Key information
2.9%
Dividend yield
90%
Payout ratio
| Industry average yield | 5.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | Mex$2.340 |
| Earnings per share | Mex$2.51 |
| Dividend yield forecast | 3.0% |
Recent dividend updates
Recent updates
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (K *) | 2.9% |
| Market Bottom 25% (MX) | 2.2% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Food) | 5.7% |
| Analyst forecast (K *) (up to 3 years) | 3.0% |
Notable Dividend: K *'s dividend (2.9%) is higher than the bottom 25% of dividend payers in the MX market (2.22%).
High Dividend: K *'s dividend (2.9%) is low compared to the top 25% of dividend payers in the MX market (7.11%).
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.