Kellanova Declares Regular Dividend of $0.56 per Share
CHICAGO, Feb. 16, 2024 /PRNewswire/ -- Kellanova (NYSE: K) today announced that its Board of Directors declared a dividend of $0.56 per share on the common stock of Kellanova, payable on March 15, 2024, to shareowners of record at the close of business on March 1, 2024. The ex-dividend date is February 29, 2024. This is the 397th dividend that Kellanova, previously Kellogg Company, has paid to owners of common stock since 1925.
About Kellanova
Kellanova (NYSE: K) is a leader in global snacking, international cereal and noodles, and North America frozen foods with a legacy stretching back more than 100 years. Powered by differentiated brands including Pringles®, Cheez-It®, Pop-Tarts®, Kellogg's Rice Krispies Treats®, RXBAR®, Eggo®, MorningStar Farms®, Special K®, Coco Pops®, and more, Kellanova's vision is to become the world's best-performing snacks-led powerhouse, unleashing the full potential of our differentiated brands and our passionate people. Our net sales for 2023 were $13 billion.
At Kellanova, our purpose is to create better days and ensure everyone has a seat at the table through our trusted food brands. We are committed to promoting sustainable and equitable food access by tackling the crossroads of hunger, sustainability, wellbeing, and equity, diversity & inclusion. Our goal is to create Better Days for 4 billion people by the end of 2030 (from a 2015 baseline). For more detailed information about our commitments, our approach to achieving these goals, and methodology, please visit our website at https://www.kellanova.com.
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FIRST QUARTER 2024
Net sales: MSEK 1,003 (1,127) - down -11% year-on-year with no major foreign exchange movements. Compared to Q4 2023 sales are up +9% in constant currency.Operating income: Operating income was MSEK 137 (181) generating an...