Kellogg Company ( K ) will begin trading ex-dividend on August 30, 2017. A cash dividend payment of $0.54 per share is scheduled to be paid on September 15, 2017. Shareholders who purchased K prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 3.85% increase over prior dividend payment. At the current stock price of $66.78, the dividend yield is 3.23%.
The previous trading day's last sale of K was $66.78, representing a -19.76% decrease from the 52 week high of $83.23 and a 2.24% increase over the 52 week low of $65.32.
K is a part of the Consumer Non-Durables sector, which includes companies such as The Kraft Heinz Company ( KHC ) and Mondelez International, Inc. ( MDLZ ). K's current earnings per share, an indicator of a company's profitability, is $2.21. Zacks Investment Research reports K's forecasted earnings growth in 2017 as 6.36%, compared to an industry average of 4.9%.
Interested in gaining exposure to K through an Exchange Traded Fund [ETF]?
The following ETF(s) have K as a top-10 holding:
- PowerShares Dynamic Food & Beverage ( PBJ )
- JPMorgan Diversified Return U.S. Mid Cap Equity ETF ( JPME )
- PowerShares Russell Midcap Equal Weight Portfolio ( EQWM ).
The top-performing ETF of this group is JPME with an increase of 2.7% over the last 100 days. PBJ has the highest percent weighting of K at 4.73%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.