logo

Snap, Crackle And Pop: The Sound Of A Rising Dividend!
By: Dividends4Life   Friday, July 31, 2009 12:15 PM

Vote for next session
The next market session will close:


Dividend increases aren’t the only thing the Kellogg Company (NYSE: ) is known for. For anyone over the age of two, Snap, Crackle and Pop are very familiar characters. Since 1933 the three elf characters have been the spokesmen for Kellogg’s Rice Krispies.  Snap, the baker, is the oldest and the problem solver. Crackle, middle child with no distinguishable occupation,  is the good-hearted leader of the group. Pop, the marching band leader, is the clumsy younger child. He plays jokes, doesn’t take things seriously.

This past week Kellogg’s led the way with its cash dividend increase and was joined by several other companies:

Kellogg Company (NYSE: ) is a leading producer of ready-to-eat cereal, and also sells convenience foods such as cookies, crackers, cereal bars, fruit snacks, and frozen waffles. Recently, the company declared a dividend of $0.375/share, payable on September 15, 2009, to shareholders of record at the close of business on September 1, 2009. This is the 339th consecutive quarter since 1925 that Kellogg Company has paid a dividend. The current yield based on the new dividend is 3.15%.

Inergy Holdings, L.P. (NasdaqGS: ) is engaged in the investment in propane and other natural gas liquids companies. This past week, the company announced an 4% increase in its quarterly cash distribution to $0.78/unit for the quarter ended June 30, 2009. The distribution will be paid on August 14, 2009, to unitholders of record as of August 7, 2009.


Next Page >>123

(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
Advertisement
Popular Articles
Related Press Releases
Partner Center
Recent Articles by Dividends4Life



Subscribe to Email Alerts rss feed or RSS feeds rss feed for articles from more than 500 contributors, press releases, SEC filings and full text news from more than four thousand sources.
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia