WK Kellogg Co. (NYSE:KLG) Plans Quarterly Dividend of $0.17\n\nKey Points * **WK Kellogg Co.** has declared a quarterly dividend of **$0.17** per share, with a dividend yield of **2.9%** and a payout ratio of **38.8%**, indicating that its earnings sufficiently cover the dividend. * The company reported **$0.20 EPS** for the last quarter, missing expectations, and had revenue of **$667 million**, down **6.2%** year-over-year. * In recent trading, WK Kellogg's stock price reached **$23.01**, with a market cap of **$1.99 billion** and a low of **$14.80** and high of **$23.56** over the past year. * **.** **WK Kellogg Co.** ( - ) declared a quarterly dividend on Thursday, July 31st, reports. Shareholders of record on Friday, August 29th will be paid a dividend of 0.165 per share on Friday, September 12th. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, August 29th. WK Kellogg has a payout ratio of 38.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect WK Kellogg to earn $1.81 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 36.5%. Get **WK Kellogg** alerts: Sign Up WK Kellogg Trading Up 0.2% Shares of traded up $0.04 during midday trading on Friday, hitting $23.09. The company had a trading volume of 833,917 shares, compared to its average volume of 3,779,487. WK Kellogg has a 12 month low of $14.80 and a 12 month high of $23.56. The company has a current ratio of 0.78, a quick ratio of 0.34 and a debt-to-equity ratio of 1.54. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 36.08 and a beta of 0.23. The firm has a fifty day simple moving average of $18.63 and a 200 day simple moving average of $18.48. WK Kellogg ( - ) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.21). WK Kellogg had a return on equity of 34.88% and a net margin of 2.14%. The company had revenue of $667.00 million during the quarter, compared to the consensus estimate of $677.91 million. During the same quarter in the prior year, the business earned $0.37 earnings per share. The firm's revenue for the quarter was down 6.2% on a year-over-year basis. On average, analysts predict that WK Kellogg will post 1.57 EPS for the current year. WK Kellogg Company Profile () WK Kellogg Co operates as a food company in the United States, Canada, and the Caribbean. It manufactures, markets, and distributes ready-to-eat cereal products primarily under the Frosted Flakes, Special K, Froot Loops, Raisin Bran, Frosted Mini-Wheats, and Kashi brands. The company was formerly known as North America Cereal Co and changed its name to WK Kellogg Co in March 2023.

WK Kellogg Co. (NYSE:KLG) Announces $0.17 Quarterly Dividend

WK Kellogg Co. declared a $0.17 quarterly dividend per share, with a 2.9% yield and 38.8% payout ratio. The company reported $0.20 EPS for the quarter, missing expectations, and revenue of $667 million, down 6.2% YoY. The stock closed at $23.01 with a $1.99 billion market cap.