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WK Kellogg Co (WK Kellogg Co) Dividend Payout Ratio : 0.43 (As of Mar. 2024)


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What is WK Kellogg Co Dividend Payout Ratio?

WK Kellogg Co's dividend payout ratio for the months ended in Mar. 2024 was 0.43.

The historical rank and industry rank for WK Kellogg Co's Dividend Payout Ratio or its related term are showing as below:

KLG' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.13   Max: 0.26
Current: 0.26


During the past 4 years, the highest Dividend Payout Ratio of WK Kellogg Co was 0.26. The lowest was 0.13. And the median was 0.13.

KLG's Dividend Payout Ratio is ranked better than
70.28% of 922 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs KLG: 0.26

As of today (2024-05-16), the Dividend Yield % of WK Kellogg Co is 1.51%.

During the past 4 years, the highest Trailing Annual Dividend Yield of WK Kellogg Co was 1.59%. The lowest was 0.85%. And the median was 1.23%.

WK Kellogg Co's Dividends per Share for the months ended in Mar. 2024 was $0.16.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


WK Kellogg Co Dividend Payout Ratio Historical Data

The historical data trend for WK Kellogg Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WK Kellogg Co Dividend Payout Ratio Chart

WK Kellogg Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
- - - 0.13

WK Kellogg Co Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 0.89 0.43

Competitive Comparison of WK Kellogg Co's Dividend Payout Ratio

For the Packaged Foods subindustry, WK Kellogg Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WK Kellogg Co's Dividend Payout Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, WK Kellogg Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where WK Kellogg Co's Dividend Payout Ratio falls into.



WK Kellogg Co Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

WK Kellogg Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.16/ 1.28
=0.13

WK Kellogg Co's Dividend Payout Ratio for the quarter that ended in Mar. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2024 )/ EPS without NRI (Q: Mar. 2024 )
=0.16/ 0.37
=0.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


WK Kellogg Co (NYSE:KLG) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


WK Kellogg Co Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of WK Kellogg Co's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


WK Kellogg Co (WK Kellogg Co) Business Description

Traded in Other Exchanges
Address
One Kellogg Square, Battle Creek, MI, USA, 49016
Website
WK Kellogg is the second-largest cereal manufacturer in North America. Its cereal brands include Special K, Frosted Flakes, Raisin Bran, Froot Loops, Frosted Mini Wheats, Kashi, Corn Flakes, Rice Krispies, Apple Jacks, and Bear Naked. The company was spun off from the former Kellogg business, now known as Kellanova, where the former firm's global snacks portfolio and international cereal are now housed. WK Kellogg, which began trading in October 2023, generates the bulk of its sales (about 88% of its proforma fiscal 2022 base) from its home turf.
Executives
Sherry Brice officer: Chief Supply Chain Officer C/O WK KELLOGG CO, ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Norma Barnes-euresti director ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
David Mckinstray officer: Chief Financial Officer ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Doug Vandevelde officer: Chief Growth Officer ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Gary H Pilnick director, officer: President
Bruce Alan Brown officer: Chief Customer Officer ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Michael Corbo director C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Mindy Sherwood director C/O WK KELLOGG CO, ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Julio N Nemeth director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
R David Banyard director MYERS INDUSTRIES INC., 1293 SOUTH MAIN STREET, AKRON OH 44301
Ramon Murguia director ONE MICHIGAN AVENUE EAST, BATTLE CREEK MI 49017-4058
Kellogg W K Foundation Trust 10 percent owner 50 S. LA SALLE ST., B-10, CHICAGO IL 60603
Kellogg W K Foundation 10 percent owner
G Zachary Gund director 14 NASSAU STREET, PRINETON NJ 08542
Ellanova 10 percent owner 412 N WELLS ST, CHICAGO IL 60654