NEW YORK (
) -- The ex-dividend date for
) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $50.47 as of 9:30 a.m. ET, the dividend yield is 3.4%.
The average volume for Kellogg has been 1.9 million shares per day over the past 30 days. Kellogg has a market cap of $17.97 billion and is part of the
industry. Shares are down 0.6% year to date as of the close of trading on Friday.
Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience food products primarily in North America, Europe, Latin America, and the Asia Pacific. The company has a P/E ratio of 14.8, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Kellogg as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full