WK Kellogg Co Dividend
Dividend criteria checks 3/6
WK Kellogg Co is a dividend paying company with a current yield of 2.72% that is well covered by earnings. Next payment date is on 14th June, 2024 with an ex-dividend date of 31st May, 2024.
Key information
2.7%
Dividend yield
12%
Payout ratio
| Industry average yield | 3.1% |
| Next dividend pay date | 14 Jun 24 |
| Ex dividend date | 31 May 24 |
| Dividend per share | n/a |
| Earnings per share | US$1.28 |
| Dividend yield forecast in 3Y | 4.1% |
Recent dividend updates
Recent updates
WK Kellogg Co's (NYSE:KLG) Shares Climb 26% But Its Business Is Yet to Catch Up
Apr 24
WK Kellogg: Undervalued Dividend With Solid Upside Potential
Mar 13WK Kellogg Co's (NYSE:KLG) Performance Is Even Better Than Its Earnings Suggest
Feb 21WK Kellogg Co's (NYSE:KLG) Price Is Out Of Tune With Revenues
Feb 14WK Kellogg Co: A Mixed (Cereal) Bag
Dec 28WK Kellogg Co: Crunching Numbers, Expanding Margins
Dec 08Kellanova: The New Chapter Is Not As Exciting As It Might Seem
Nov 10Merion Road Capital - WK Kellogg: A Lot To Dislike But Risk Return Seems Attractive
Oct 21Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether KLG's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if KLG's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| WK Kellogg Co Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (KLG) | 2.7% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Food) | 3.1% |
| Analyst forecast in 3 Years (KLG) | 4.1% |
Notable Dividend: KLG's dividend (2.72%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: KLG's dividend (2.72%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (12.5%), KLG's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (20.2%), KLG's dividend payments are well covered by cash flows.